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CVS/Pharmacy & Best Buy Liquors 4 & 14 State Route 36 14,000 SF 100% Leased Retail Building Hazlet, NJ 07730 For Sale
INVESTMENT HIGHLIGHTS
- Strong demographics with $113k average household income within a 3 mile range.
EXECUTIVE SUMMARY
100% occupied two-tenant retail asset with potential for additional 2nd floor professional space. Hard Corner Intersection on Route 36 with more than 29,000 VPD. 2nd floor vacancy creates upside value. 4,500 sf liquor store space leased until 12/31/2024.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,000 SF
Building Class
B
Year Built
1930
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
1.58 AC
Zoning
N/Av
Parking
50 Spaces (3.6 Spaces per 1,000 SF Leased)
Frontage
247’ on Route 36
Walk Score®
Very Walkable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 18-00149-0000-00001 | Improvements Assessment | $1,163,000 |
| Land Assessment | $928,800 | Total Assessment | $2,091,800 |
PROPERTY TAXES
Parcel Number
18-00149-0000-00001
Land Assessment
$928,800
Improvements Assessment
$1,163,000
Total Assessment
$2,091,800
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CVS/Pharmacy & Best Buy Liquors | 4 & 14 State Route 36
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