12 Spruce St - Retail FOR SALE


Paterson, NJ 07501
$2,300,000 USD
973-332-0518
12 Spruce St, Paterson, NJ for Sale
$2,300,000 USD
Retail - FOR SALE
1/4
null | Request Cap Rate

12 Spruce St
Paterson, NJ 07501


OVERVIEW

Long Term Lease Available 2,400 Sq. Ft. with drive through large parking lot Strong volume Asset Sale $2.3 M Ground Lease @ 180,000.00 or 9% of sales per year. Property taxes $42,000.00 per yea Property not for sale. This is a Lease Hold Transaction Currently operating as a Burger King or change over to your Brand

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$958 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Burger King

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,699 SF

ZONING

-

APN/PARCEL ID

08-04802-0000-00017

ASK ABOUT THIS PROPERTY

Douglas BalduiniEvergreen CommercialMore Info
973-332-0518

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Douglas BalduiniEvergreen CommercialMore Info
973-332-0518

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.