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Harbor Freight Center 745 US Highway 46 32,432 SF 100% Leased Retail Building Parsippany, NJ 07054 $9,440,000 ($291.07/SF) 6.75% Cap Rate
Investment Highlights
- Anchored by Harbor Freight Which Occupies 55% of The GLA
- All In-Line Tenants Operating Under NNN Leases
- Unique Blend of Tenants Mitigating Landlord Risk
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
32,432 SF
Building Class
C
Year Built/Renovated
1962/2014
Price
$9,440,000
Price Per SF
$291.07
Cap Rate
6.75%
NOI
$637,202
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
12’
Building FAR
0.18
Lot Size
4.10 AC
Zoning
B-1
Parking
124 Spaces (3.82 Spaces per 1,000 SF Leased)
Frontage
217’ on E 46
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Lazeez Bistro
- Accommodation and Food Services
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Royal Green Appliance, Inc
- Retailer
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Wizard Smoke Shop
- -
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Lazeez Bistro | Accommodation and Food Services | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Royal Green Appliance, Inc | Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Wizard Smoke Shop | - | - | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 36-04002-0000-00022 | Improvements Assessment | $285,400 |
| Land Assessment | $338,000 | Total Assessment | $623,400 |
Property Taxes
Parcel Number
36-04002-0000-00022
Land Assessment
$338,000
Improvements Assessment
$285,400
Total Assessment
$623,400
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Harbor Freight Center | 745 US Highway 46
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