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514-520 Portfolio Investment Sale 2 Retail Properties Offered at $6,500,000 in Wayne, NJ

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EXECUTIVE SUMMARY

This lot is zoned for highway commercial. Permitted uses include retail, hotels, shopping centers and car dealerships. Includes income producing NNN tenant: 10 years remaining on the Red Lobster Lease. Property is perfect for redevelopment.

PROPERTY FACTS

Price $6,500,000
Price / SF $317.76 / SF
Sale Condition Redevelopment Project
Sale Type Investment NNN
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 20,456 SF
Total Land Area 7.96 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
514 US Highway 46, Wayne, NJ 07470 Retail 13,328 SF 1940 -
520 US Highway 46, Wayne, NJ 07470 Retail 7,128 SF 1940 -
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  • Listing ID: 35046039

  • Date on Market: 3/6/2025

  • Last Updated:

  • Address: 514-520 Portfolio Investment Sale, Wayne, NJ

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