40 Park Ave | Summit, NJ 07901
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- LoopNet Team
40 Park Ave
Summit, NJ 07901
The Learning Experience · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long-Term, 20-Year Double Net (NN) Lease
- Ten Percent (10%) Rental Increases Occurring Every Five (5) Years
- Approximately 20 Years Remaining
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
6,800 SF
Building Class
C
Year Built
1960
Tenancy
Single
Building Height
1 Story
Building FAR
0.45
Lot Size
0.35 AC
Zoning
NB
Parking
45 Spaces (4.09 Spaces per 1,000 SF Leased)
Frontage
205’ on Park Avenue
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $868,800 | |
| Land Assessment | $203,800 | Total Assessment | $1,072,600 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$203,800
Improvements Assessment
$868,800
Total Assessment
$1,072,600
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
