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Garwood Station Mixed Use 99 Center St 5,200 SF 100% Leased Retail Building Garwood, NJ 07027 $1,760,000 ($338.46/SF) 6.95% Cap Rate
INVESTMENT HIGHLIGHTS
- Restaurant Has Long Term Tenancy History At This Location.
- Potential To Increase Current Rental Income.
- Above The Retail Are 3, Renovated, 2 Bedroom Apartments.
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,200 SF
Building Class
C
Year Built
1931
Price
$1,760,000
Price Per SF
$338.46
Cap Rate
6.95%
NOI
$122,396
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.99
Lot Size
0.06 AC
Zoning
C - Commercial
Frontage
53’ on Center St
Walk Score®
Very Walkable (84)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 06-00402-0000-00004-01 | Improvements Assessment | $640,400 |
| Land Assessment | $235,100 | Total Assessment | $875,500 |
PROPERTY TAXES
Parcel Number
06-00402-0000-00004-01
Land Assessment
$235,100
Improvements Assessment
$640,400
Total Assessment
$875,500
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Garwood Station Mixed Use | 99 Center St
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