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Van Leeuwen Anchored Mixed-Use 347 Grove St 5,894 SF 100% Leased Retail Building Jersey City, NJ 07302 $3,800,000 ($644.72/SF) 6.26% Cap Rate
Investment Highlights
- Property Consists Of 6 Units: 5 Residential Apartments And 1 Retail Unit
- All Brick Building With Separate Utilities
- Retail Unit Occupied By Van Leeuwen – 100+ Locations Across 15 States - Recently Signed A New 10 Year Lease With 2-5 Year Options
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,894 SF
Building Class
C
Year Built
1950
Price
$3,800,000
Price Per SF
$644.72
Cap Rate
6.26%
NOI
$237,884
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Slab To Slab
12’
Building FAR
2.71
Lot Size
0.05 AC
Zoning
NC-1
Frontage
24’ on Grove St
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- -
- -
-
Lorem Ipsum
-
Jan 0000
Van Leeuwen Ice Cream began in New York City in 2008 as a yellow-truck business focused on making ice cream from good ingredients. The company has since expanded into scoop shops, grocery pints, and nationwide shipping, while also offering vegan ice cream alongside its classic dairy line. Van Leeuwen Ice Cream serves customers through retail locations, packaged products, and online sales, giving the business a broad presence across foodservice and consumer retail channels.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | - | - | Lorem Ipsum | Jan 0000 |
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 06-11404-0000-00011 | Improvements Assessment | $693,100 |
| Land Assessment | $622,300 | Total Assessment | $1,315,400 |
Property Taxes
Parcel Number
06-11404-0000-00011
Land Assessment
$622,300
Improvements Assessment
$693,100
Total Assessment
$1,315,400
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Van Leeuwen Anchored Mixed-Use | 347 Grove St
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