9 Passaic Ave
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9 Passaic Ave
6,000 SF 100% Leased Industrial Building Kearny, NJ 07032 For Sale 8% Cap Rate
Investment Highlights
- Retail for sale in a super busy location.
- Located in Passaic Redevelopment area
- When full leased potential cap rate 8%
Executive Summary
Retail for Sale in a mixed use/ Passaic ave Redevelopment in kearny attached the zoning ordinances. Building is +/- 6405 SQFT Taxes $12,418 with three tenants. Property has three parts, Flowers store , Fish Store and garage for three cars., All month to month with parking spots in front of the building . Land size .23 Acres in Kearny; Passaic ave Development attached zoning ordinances great location Interstate 280 (I-280) - This highway runs east-west and provides access to the Garden State Parkway to the west and the New Jersey Turnpike to the east.
New Jersey Turnpike (I-95) - Specifically, Exit 15W is nearby, giving easy access to other parts of New Jersey, New York City, and beyond.
Route 21 - This is a state highway that runs north-south along the Passaic River and connects with I-280 and areas to the north like Newark.
Route 7 - This route runs nearby, providing access to Belleville, North Arlington, and other nearby communities.
These routes make the area well-connected to the rest of New Jersey and New York City. Let me know if you need directions or more details about specific exits
New Jersey Turnpike (I-95) - Specifically, Exit 15W is nearby, giving easy access to other parts of New Jersey, New York City, and beyond.
Route 21 - This is a state highway that runs north-south along the Passaic River and connects with I-280 and areas to the north like Newark.
Route 7 - This route runs nearby, providing access to Belleville, North Arlington, and other nearby communities.
These routes make the area well-connected to the rest of New Jersey and New York City. Let me know if you need directions or more details about specific exits
Property Facts
| Sale Type | Investment or Owner User | Lot Size | 0.23 AC |
| Cap Rate | 8% | Rentable Building Area | 6,000 SF |
| Property Type | No. Stories | 1 | |
| Building Class | C | Year Built | 1947 |
| Sale Type | Investment or Owner User |
| Cap Rate | 8% |
| Property Type | |
| Building Class | C |
| Lot Size | 0.23 AC |
| Rentable Building Area | 6,000 SF |
| No. Stories | 1 |
| Year Built | 1947 |
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Walk Score ®
Very Walkable (81)
zoning
| Zoning Code | Passiac Redevelopment (Located in mixed use and Mixed use overlay districts and also in Passaic Redevelopment area attached the zoning ordinance.) |
| Passiac Redevelopment (Located in mixed use and Mixed use overlay districts and also in Passaic Redevelopment area attached the zoning ordinance.) |
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Maggie Abdo-Manno, CCIM -
CENTURY 21 Semiao & Associates
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9 Passaic Ave
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