65 Raritan Ave | Highland Park, NJ 08904
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65 Raritan Ave
Highland Park, NJ 08904
Papa John's · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Papa John's has been operating at this site for 16 years; franchisee owns/operates numerous food concepts across approx. 46 locations
- Below market/replaceable rent, dedicated off-street parking, population density with growth and affluence in a college-town location outside of NYC
- New Brunswick, the county seat of Middlesex County, NJ is 27 miles south of Manhattan and part of the highly sought-after New York metropolitan area
- Absolute NNN lease structure offers a landlord/investor zero landlord responsibilities or expenses making this ideal for the passive owner
- Closest Pizza Hut, Domino's and Little Caesars locations are all approximately 3 miles away
- Surrounded by 3 Rutgers University campuses (67,000+ students), Robert Wood Johnson University Hospital (5,000+ employees) and Johnson & Johnson HQ
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,502 SF
Building Class
C
Year Built
1963
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.24 AC
Zoning
RDA
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 07-01704-0000-00052 | Improvements Assessment | $161,200 |
| Land Assessment | $350,000 | Total Assessment | $511,200 |
PROPERTY TAXES
Parcel Number
07-01704-0000-00052
Land Assessment
$350,000
Improvements Assessment
$161,200
Total Assessment
$511,200
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