Listed by Sothebys International Realty
$1,559,040
500 Clifton Ave_Citizen's Bank
Details
Property Type Retail
Square Footage 2,784
Cap Rate 5.50%
NOI $85,747
Lease Type NNN
Price per SqFt $31
Class B
Year Built 2007
Acreage 0.450
Zoning B-C
Parking Spaces 12 spaces
Parking per 1,000 SqFt 4.31
Ground Lease No
About This Property for Sale
Marketing description
- 500 Clifton Ave is strategically located along a high-traffic commercial corridor in Clifton, NJ, surrounded by dense residential neighborhoods and strong retail activity.
- The property benefits from excellent visibility and direct access to Routes 3, 21, and 46, supporting consistent tenant demand and long-term investment stability.
- The asset offers a compelling opportunity for stable cash flow, future lease-up potential, or value-add repositioning within a supply-constrained Northern New Jersey market.
Investment highlights
- Prime visibility along a major Clifton commercial corridor
- Strong surrounding population density and consumer traffic
- Excellent access to Routes 3, 21, and 46
- Stable income and long-term value-add potential
- Strong regional retail and commuter demographics
- Flexible repositioning or adaptive reuse opportunity
Listing Contacts
Listed by Sothebys International Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$85,747.20
$7,145.60/mo
Valuation Metrics
0
DSCR
5.5%
Cap Rate
5.5%
ROI
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Property History
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