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QuickChek 720 Washington Ave 5,496 SF Retail Building Carlstadt, NJ 07072 $9,500,000 ($1,728.53/SF) 6.25% Cap Rate
EXECUTIVE SUMMARY
Around 9 years left on current lease - sale includes improvements as well as ground lease
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
5,496 SF
Building Class
C
Year Built
2013
Price
$9,500,000
Price Per SF
$1,728.53
Cap Rate
6.25%
NOI
$594,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.26 AC
Zoning
Retail - Service Station Retail
Parking
5 Spaces (0.91 Spaces per 1,000 SF Leased)
Frontage
219’ on Washington Avenue
PROPERTY TAXES
| Parcel Number | 05-00126-0000-00048-0000-HM | Improvements Assessment | $2,037,300 |
| Land Assessment | $1,248,500 | Total Assessment | $3,285,800 |
PROPERTY TAXES
Parcel Number
05-00126-0000-00048-0000-HM
Land Assessment
$1,248,500
Improvements Assessment
$2,037,300
Total Assessment
$3,285,800
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QuickChek | 720 Washington Ave
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