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442 Elizabeth Ave
Somerset, NJ 08873
Mavis Discount Tire · Retail Property For Sale
Investment Highlights
- Long Term 20-Year Lease Triple Net (NNN) Lease with Zero Landlord Responsibilities
- Attractive Rental Increases of One-and-a-Half Percent (1.50%) Annually After Year Seven (7)
- Approximately 18 Years Remaining
Property Facts
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,269 SF
Building Class
C
Year Built
1988
Building Height
1 Story
Building FAR
0.12
Lot Size
1.02 AC
Zoning
M1
Property Taxes
| Parcel Number | 08-00523-03-00035-07 | Improvements Assessment | $1,900,000 |
| Land Assessment | $500,000 | Total Assessment | $2,400,000 |
Property Taxes
Parcel Number
08-00523-03-00035-07
Land Assessment
$500,000
Improvements Assessment
$1,900,000
Total Assessment
$2,400,000
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