Shop – New Jersey, USA

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Shop – New Jersey, USA

5,217,000 $
3,745 $ /m²
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  • Total area
    1,393 m²
  • Yield
    5.75 %
  • Rental rate (m²/month)
    16 $
  • Built in 
    2017
Details
Property parameters
  • Land area: 5,867 m²
  • 1-floor building
Financial performance
  • Annual income: 278,797 $
Tenants
  • Fully let

Charity second-hand store.

Description

The building of 1393.5 m².

Financial performance

Cost of the facility is 5,217,391 $.

Absolute annual income is 300,000 $.

Current yield of 5,75%.

Tenants

NN lease — The tenant pays taxes and insurance.

3 and 5-year lease extending option with 15% rent escalations. The contract is concluded for 15 years.

About tenant:

  • massive network of retail charity shops which operates as nonprofits as well.
  • operates in South Korea, Venezuela, Brazil, Mexico, Panama, Uruguay, the United States, Canada, and 8 other countries
  • 162 local points in the United States and Canada

Location and nearby infrastructure

The property is located in New Jersey state in an area with over 233 thousand residents within 8 km of subject property with average household income exceeding 112,000 $. Over 3% projected 8 km population growth by 2020.

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.

There is a restaurant, a pizzeria, a grocery store, a gas station and a mini market in the immediate vicinity.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

More properties

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

You can see more retail space for sale in New Jersey elsewhere on our website.

Statistics in the USA

Price per m², $
2,470
Healthcare efficiency level
69
Index 69 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
53
Index 53 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, $
Apartment in the city centre, m² 2,469.2
Apartment in a bedroom community, m² 1,793.44
Transport Price, $
Public transport, 1 ride 2.11
Monthly travel card 67.24
Taxi, 1 km 1.64
Petrol, 1 l 0.7
Food Price, $
Water, 1.5 l 1.69
Milk, 1 l 0.79
White bread, 500 g 2.49
Eggs, a dozen 2.18
Chicken fillet, 1 kg 8.13
Education Price, $
Kindergarten, per month 850.52
International school, per year 16,430.48
Health care index
Staff competence 74.34
Medical equipment 86.6
Research accuracy and completeness 75.08
Attitude towards patients 75.73
Security index
Crime rate 52.36
The risk of being robbed 40.65
The risk of car theft 53.07
The risk of break-in and property damage 54.99

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Enquire about this shop
Anna Kurianovich
Anna Kurianovich
Investment consultant in New Jersey
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