66 S Finley Ave - Storefront Retail/Office FOR SALE


Basking Ridge, NJ 07920
$970,000 USD
908-334-4001
66 S Finley Ave, Basking Ridge, NJ for Sale
$970,000 USD
Storefront Retail/Office - FOR SALE
1/13
null | 5.75% Cap Rate

66 S Finley Ave
Basking Ridge, NJ 07920


HIGHLIGHTS

  • Long term tenants
  • Ample free parking
  • Main corner in town
  • Never vacant in 30 years
  • Good signage
  • No deferred maintenance

OVERVIEW

First time available in 30 years. 3 tenant office building at the corner of South Finley and Henry Streets in Downtown Basking Ridge. Building located on the main corner downtown. All tenants are long term with no vacancies in 30 years. The building is well maintained with no deferred maintenance. The tenants are Edward Jones Investments, Wabba Travel and Country Tailor. Two leases are gross plus taxes over base year, the third is NN+ with taxes over base year. The building backs up to a free municipal parking lot with street parking as well. Building was renovated with Hardi-plank siding and a new roof in 2014. DO NOT APPROACH TENANTS. SHOWING BY APPOINTMENT ONLY

FOR SALE DETAILS

PRICE

$970,000 USD

PRICE/SF

$497 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

B1

APN/PARCEL ID

02-01603-0000-00008-01

ASK ABOUT THIS PROPERTY

Vince CastagnoNet Property Group, LLCMore Info
908-334-4001

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Vince CastagnoNet Property Group, LLCMore Info
908-334-4001

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