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603-607 Amboy Ave 4,600 SF 100% Leased Retail Building Edison, NJ 08837 $949,000 ($206.30/SF) 6.80% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Corner Lot

EXECUTIVE SUMMARY

Fully occupied property with a potential 6.8% cap rate. Recently painted building.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,600 SF
Building Class
C
Year Built/Renovated
1940/2005
Price
$949,000
Price Per SF
$206.30
Cap Rate
6.80%
NOI
$64,532
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.96
Lot Size
0.11 AC
Zoning
Commercial - Commercial
Frontage
62’ on Amboy Ave

ABOUT 603-607 AMBOY AVE , EDISON, NJ 08837

This 4,600 SF retail property has space for three tenants and excellent frontage on the corner of King Georges Road and Amboy Avenue.

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Dry Cleaners Store
  • Retailer
  • -
  • -
  • -
  • Indoor Flea Market
  • Retailer
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Dry Cleaners Store Retailer - - -
Indoor Flea Market Retailer - - -
Walk Score®
Very Walkable (78)
Bike Score®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Starbucks
H Mart
Order Express, Inc.
PNC Bank
Citizens
Philly Pretzel Factory
Santander

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-00750-0000-00011-02
Land Assessment
$100,000
Improvements Assessment
$132,400
Total Assessment
$232,400
  • Listing ID: 15606204

  • Date on Market: 7/12/2018

  • Last Updated:

  • Address: 603-607 Amboy Ave, Edison, NJ 08837

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