Strip center, New Jersey, USA

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Strip center, New Jersey, USA

$716,000
$1,712 /m²
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  • Total area
    418 m²
  • Yield
    9.2%
  • Built in 
    1960
Details
Property parameters
  • Land area: 445 m²
  • 1-floor building
Financial performance
  • Annual income: $44,387

One-story commercial building, including 3 stores of essential goods.

Description

Strip complex includes:

  • store with an area of 102 m² + 102 m² basement
  • store with an area of 102 m² + 102 m² basement
  • store with an area of 88 m²

It is possible to combine the first and second store, the total area will be about 204 m² + 204 m² basement.

All stores have separate water, electric and gas systems.

Location

The property is located in the state of New Jersey, Union County, in a city with a population of about 30 thousand people. The property is located at the corner of the intersection, which provides high traffic. The property is surrounded by residential buildings, located close to various shops, a restaurant and beauty salons.

New York City (Manhattan) is about 40 km away.

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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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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