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509-513 W Union Ave
Bound Brook, NJ 08805
Efinger Plaza · Retail Property For Sale


Investment Highlights
- Anchored by Goodwill & Dollar General
- Located Within a Dense Residential & Dominant Regional Retail Trade Area
- Strong In-Place Cash Flow
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
54,179 SF
Building Class
B
Year Built
1960
Price
$10,200,000
Price Per SF
$188.26
Cap Rate
7.26%
NOI
$740,416
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.43
Lot Size
2.90 AC
Opportunity Zone
Yes
Zoning
RB-1 - Regional Business
Parking
143 Spaces (2.64 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signalized Intersection
- Monument Signage
Property Taxes
| Parcel Number | 04-00069-0000-00005 | Improvements Assessment | $4,928,900 |
| Land Assessment | $740,000 | Total Assessment | $5,668,900 |
Property Taxes
Parcel Number
04-00069-0000-00005
Land Assessment
$740,000
Improvements Assessment
$4,928,900
Total Assessment
$5,668,900
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