33 State Route 27
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33 State Route 27
2,900 SF Retail Building Edison, NJ 08820 $5,025,615 CAD ($1,732.97 CAD/SF) 5.14% Cap Rate
INVESTMENT HIGHLIGHTS
- Located on a corner at a traffic-controlled intersection
- Located in close proximity of Menlo Park Mall, Hackensack Meridian Hospital, and many national retailers
- Drive-Thru available with major upside
EXECUTIVE SUMMARY
Rare investment opportunity to purchase a property with significant upside in a prime retail market. The property is located at a traffic controlled intersection near many national retailers such as McDonald's, Starbucks, Dunkin, Rite Aid, and Hackensack Meridian Health. Vacant 1,228 SF space which includes a drive-thru.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,900 SF
Building Class
B
Year Built
1997
Price
$5,025,615 CAD
Price Per SF
$1,732.97 CAD
Cap Rate
5.14%
NOI
$258,317 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.49 AC
Zoning
GB
Parking
3 Spaces (1.03 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 05-00673-0000-00005-10 | Improvements Assessment | $463,781 CAD |
| Land Assessment | $576,819 CAD | Total Assessment | $1,040,599 CAD |
PROPERTY TAXES
Parcel Number
05-00673-0000-00005-10
Land Assessment
$576,819 CAD
Improvements Assessment
$463,781 CAD
Total Assessment
$1,040,599 CAD
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33 State Route 27
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