Listed by Team Resources Commercial Real Estate
$16,250,000
477 Route 10
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 66,750
Cap Rate 8.00%
Occupancy 96%
Price per SqFt $243
Year Built 2000
Buildings 2
Acreage 7.790
Parking Spaces 350 spaces
Parking per 1,000 SqFt 5.24
Investment Type Stabilized
Sale Condition 1031 exchange
Retail | 8.00% CAP | 66,750 SqFt
Marketing description
Regional and community retail/medical/lifestyle center. Near the entrance to the County College of Morris.
Buildings and grounds are well maintained. Built and owned by the seller.
Investment highlights
66,750 +/- Sq. Ft. of Retail Space
Consists of 2 buildings: 30,000 Sq. Ft. & 36,750 Sq. Ft.
Solar System
350 Car Parking
Well Established Retail Storefront, Retail / Office
Traffic Count: 31,279 Cars Per Day
NOI is $1,266,366 (Includes 1,544 Sq. Ft. Unit 2, vacant)
Taxes: approx. $5.01 Per Sq. Ft
Listing Contacts
Listed by Team Resources Commercial Real Estate
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Is there information that looks off?
