308 Union Ave - Storefront FOR SALE


Rutherford, NJ 07070
$7,600,000 USD
201-742-6118
308 Union Ave, Rutherford, NJ for Sale
$7,600,000 USD
Storefront - FOR SALE
1/17
null | 6.58% Cap Rate

308 Union Ave
Rutherford, NJ 07070


HIGHLIGHTS

  • Rare 7 Unit NNN Retail Property Located in Rutherford, Bergen County, NJ
  • Prime Bergen County Location Anchored By Dunkin' and Kiddie Academy
  • All Tenants Have Triple Net Leases and Annual Rental Increases
  • Large Parking Lot in Rutherford With 111 Spaces
  • Less Than 1 Mile to the NJ Transit Rutherford Train Station
  • Strong Demographics With Over 247,000 People Living Within a 3 Mile Radius and Average Household Income Over $127,000 Within 1 Mile

FOR SALE DETAILS

PRICE

$7,600,000 USD

PRICE/SF

$347 USD /SF

CAP RATE

6.58%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Union Avenue Retail Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

111

LAND DETAILS

LAND ACRES

1.9 AC

LAND SF

82,764 SF

ZONING

-

APN/PARCEL ID

56-00008-0000-00001-01

ASK ABOUT THIS PROPERTY

Alan CafieroMarcus & MillichapMore Info
201-742-6118

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Alan CafieroMarcus & MillichapMore Info
201-742-6118

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