Retail Space /NJ /Morris County /Pompton Plains /615 State Route 23
Retail Space /NJ /Morris County /Pompton Plains /615 State Route 23

615 State Route 23 - Freestanding FOR SALE


Pompton Plains, NJ 07444 | 
$2,750,000 USD
201-742-6118
615 State Route 23, Pompton Plains, NJ for Sale
$2,750,000 USD
Freestanding - FOR SALE
1/17
null | 6.18% Cap Rate
VIEW MAP
GET DIRECTIONS

615 State Route 23
Pompton Plains, NJ 07444

VIEW MAP
GET DIRECTIONS

HIGHLIGHTS

  • Upside in Several Below Market Leases w/ Short Term Expirations
  • History of Long-term Tenancy
  • Smaller Tenant Spaces Help Mitigate Risk to Landlord

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$243 USD /SF

CAP RATE

6.18%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pompton Crossings (Value/Add)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.13 AC

LAND SF

49,223 SF

ZONING

C-2

APN/PARCEL ID

31-01404-0000-00010

ASK ABOUT THIS PROPERTY

Alan CafieroMarcus & MillichapMore Info
201-742-6118

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

Alan CafieroMarcus & MillichapMore Info
201-742-6118

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

800-613-1303800-613-1303SitemapSitemapAdd a ListingTerms of UseCRE InformationPrivacy Policy
Copyright © 1997-2025 CoStar Realty Information, Inc.