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356 US Highway 9
Manalapan Township, NJ 07726
Bagel World Plaza · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
16,050 SF
Building Class
C
Year Built/Renovated
1968/2012
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
1.60 AC
Zoning
C3 - General Highway Business
Parking
79 Spaces (5.17 Spaces per 1,000 SF Leased)
Frontage
300’ on Route 9 North

Amenities

  • Bus Line
  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Tenant Controlled HVAC
  • Storage Space
  • Recessed Lighting
  • Air Conditioning

About 356 US HIGHWAY 9 , MANALAPAN TOWNSHIP, NJ 07726

For Sale: Bagel World Plaza, 356 Route, Manalapan, NJ. Rudder Realty has owned and managed this 13-store, 16,051 SF convenience center for the last 23 years. It is a highly successful, well managed property that has maintained an over 95% occupancy rate. Bagel World Plaza attracts and retains a strong tenant base due to its exceptional location, access and proximity to the NYC commuter bus stops. Investment Details: Asking Price: $7,500,000 Net Income: $467,488 Cap Rate: 6.23% Building Size: 16,051 SF # of Tenants: 13 Investment Highlights: · Directly behind second largest NYC commuter bus stop on Route 9 · 1,300 NYC commuters board here · Route 9 vehicle counts of 70,000 per day · At Route 9 traffic light · Easy access from a local road for 3,400 households · Average household income of $150,000

Property Taxes

Property Taxes

Parcel Number
28-00008-0000-00010-01
Land Assessment
$563,400
Improvements Assessment
$5,267,700
Total Assessment
$5,831,100
  • Listing ID: 11531185

  • Date on Market: 2/8/2018

  • Last Updated:

  • Address: 356 US Highway 9, Manalapan Township, NJ 07726

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