Shop – New Jersey, USA

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Shop – New Jersey, USA

$6,362,000
$3,768 /m²
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  • Total area
    1,688 m²
  • Yield
    5.0%
  • Built in 
    1995
Details
Property parameters
  • Land area: 9,348 m²
  • Number of parking lots: 75
  • 1-floor building
Financial performance
  • Annual income: $284,960
Tenants
  • Fully let

Shop in New Jersey.

Description

Freestanding building of 1688.8 м².

Possible expansion of Building & Parking Area

Financial performance

The cost of the facility is 6,362,000 $.

The absolute annual income is 318,100 $.

The current yield of 5%.

Loan

Assumable mortgage.

Tenants

Fully let.

About tenant:

  • operates more than 60 stores in 20 states
  • 3 distribution centers
  • reported revenues of $ 153 million
  • EBITDA of $ 43 million
  • traded on the NASDAQ

Location and nearby infrastructure

The facility is located in the state of New Jersey, in a township in Essex County with a population of more than 30 thousand people.

There are restaurants, a supermarket, a car workshop and a bus stop in the immediate vicinity.

New Jersey is a state in the Mid-Atlantic region of the Northeastern United States. It is a peninsula, bordered on the north and east by the state of New York. New Jersey is the 11th-most populous state, with 9 million residents, the most densely populated of the 50 U. S. states and third-wealthiest state by median household income. The territory of the state belongs to the urban agglomerations of New York and Philadelphia.

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