Retail Space /NJ /Morris County /Rockaway /16 Green Pond Rd
Retail Space /NJ /Morris County /Rockaway /16 Green Pond Rd

16 Green Pond Rd - Retail FOR SALE


Rockaway, NJ 07866 | 
$2,962,500 USD
201-742-6118
16 Green Pond Rd, Rockaway, NJ for Sale
$2,962,500 USD
Retail - FOR SALE
1/11
null | 8% Cap Rate
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16 Green Pond Rd
Rockaway, NJ 07866

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HIGHLIGHTS

  • Large 1.84 Acre Parcel With Over 200 Feet of Frontage on four-lane Green Pond Road
  • 18,500 cars/day on Green Pond Road
  • Former bank branch with double drive/thru
  • Conveniently Located ¼ Mile From Interstate 80 (120,000+ Cars Per Day)
  • Average Household Income Over $153,000 Within a 3 Mile Radius

OVERVIEW

Rare Single Tenant Net Leased Property in Morris County New Jersey. New 20-yer net lease signed by Backpack Boyz. Backpack Boyz has multiple locations with a large growing facility in Hackensack, NJ.

FOR SALE DETAILS

PRICE

$2,962,500 USD

PRICE/SF

$1,105 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.84 AC

LAND SF

80,150 SF

ZONING

I

APN/PARCEL ID

35-22103-0000-00009

ASK ABOUT THIS PROPERTY

Alan CafieroMarcus & MillichapMore Info
201-742-6118

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Alan CafieroMarcus & MillichapMore Info
201-742-6118

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