700 Ridge Rd | Lyndhurst, NJ 07071
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700 Ridge Rd
Lyndhurst, NJ 07071
Sunoco Lyndhurst · Retail Property For Sale
Investment Highlights
- +/-2,000-square-foot retail property comprised of a gas station and mechanic shop with 100% occupancy.
- Excellent investment opportunity with an annual NOI of over $62,900.
- Located on the corner of Ridge Road and Ten Eyck Avenue with easy accessibility and three points of ingress and egress.
- Value-add opportunity through rent escalations in a strong market with a high barrier to entry.
- Strong visibility to over 37,000 vehicles passing by each day.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Service Station
Building Size
2,000 SF
Building Class
C
Year Built
1959
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
0.15 AC
Zoning
B
Parking
8 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 32-00212-0000-00001 | Improvements Assessment | $619,647 |
| Land Assessment | $1,159,354 | Total Assessment | $1,779,001 |
PROPERTY TAXES
Parcel Number
32-00212-0000-00001
Land Assessment
$1,159,354
Improvements Assessment
$619,647
Total Assessment
$1,779,001
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