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955 US Highway 22
North Plainfield, NJ 07060
Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
15,000 SF
Building Class
B
Year Built
2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.45 AC
Parking
60 Spaces (5 Spaces per 1,000 SF Leased)
About 955 US HIGHWAY 22 , NORTH PLAINFIELD, NJ 07060
We are pleased to offer to qualified investors an opportunity to purchase a fee simple (ownership of land and building) single tenant investment that is 100% leased to Goodwill on a brand new 15 year lease with strong 12.5% rental increases every five years during the base term and 15% rental increases during the option periods (4 - 5 year options). Furthermore, this brand new 2018 construction, sits on the highly trafficked Rt. 22 W providing excellent exposure for the residents living within a 5 mile radius of the property. This is a rare opportunity to buy a brand new 2018 construction, 15 year corporate lease, with attractive 12.5% increases every five years, supported by strong demographics, and minimal landlord responsibilities.
Property Taxes
| Parcel Number | 14-00158-0000-00011 | Improvements Assessment | $405,000 |
| Land Assessment | $2,000,000 | Total Assessment | $2,405,000 |
Property Taxes
Parcel Number
14-00158-0000-00011
Land Assessment
$2,000,000
Improvements Assessment
$405,000
Total Assessment
$2,405,000
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