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Investment Highlights

  • Industrial property with solid income stream with multi tenants

Executive Summary

Very desirable commercial property with multiple cash flows. This property consists of a BP gas station, A repair shop/automotive building, a 2-story office building, a large truck painting/repair building with 12' overhead doors currently rented by Maaco painting/auto body and a 30,000SF +/- towing yard with direct access to The Garden State Parkway. This property is 1.38 acres with Keyport zoning I. Rare opportunity to pick up this rare piece with a strong cash flow from existing tenants. Tenants and lease terms provided below. Towing lot is month to month.

Financial Summary (Pro Forma - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts Under Contract

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
9,124 SF
Building Class
C
Year Built
1968
Price
$3,200,000
Price Per SF
$350.72
Cap Rate
8.48%
NOI
$271,424
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.12
Lot Size
1.74 AC
Zoning
I - Industrial-Uses in Memorandum
Parking
100 Spaces

Nearby Major Retailers

Stop & Shop
PNC Bank
Valley National Bank
IHOP
Rent-A-Center
The Little Gym
Noches De Colombia

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 18-00164-0000-00002-01
  • 24-00001-0000-00003
Land Assessment
$5,719,600 (2025)
Improvements Assessment
$8,953,600 (2025)
Total Assessment
$14,673,200 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 34331383

  • Date on Market: 12/31/2024

  • Last Updated:

  • Address: 395 Clark St, Keyport, NJ 07735

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