Retail store, Jersey City, New Jersey, USA

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Retail store, Jersey City, New Jersey, USA

$7,657,000
$2,378 /m²
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  • Total area
    3,219 m²
  • Yield
    5.2%
  • Built in 
    2001
Details
Property parameters
  • Land area: 19,385 m²
  • 1-floor building
Financial performance
  • Annual income: $355,309
Tenants
  • Fully let

A retail drug store in Jersey City.

Description

A retail store of medicines.

A free-standing building.

The facade (35 m²) faces the street.

Surface parking: 50 seats available (4.05 euro/305 m²).

Financial performance

The cost of the property is 7,657,000 $.

The absolute annual income is 398,164 $.

The current yield is 5,2%.

Tenants

The tenant is one of the world's largest pharmacy companies, managing more than 13,000 pharmacies and cosmetics stores, perfumes and hygiene stores in more than 10 countries.

Location and nearby infrastructure

The property is located in Jersey City (Hudson County, New Jersey). The population of the city is about 250,000 people (the 2nd largest in New Jersey after Newark). The city is a part of the New York metropolitan area — one of the largest in the world, with the population more than 20 million people.

There are shops, cafes, restaurants, bakeries, a gas station and car repair shop in close proximity.

The distance to New York (Lower Manhattan) is about 8 km.

More properties

If this property wasn’t for you, take a look at other retail space for sale in Jersey City.

All ads in the country: retail space for sale in the USA.

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