Van Houten Group LLC
Listed by Van Houten Group LLC
$4,600,000
620 Rt. 23 N
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 35,543
NOI $186,829
Tenancy Multi
Lease Type Net
Class B
Parking Spaces 135 spaces
Parking per 1,000 SqFt 3.80
Investment Type Owner/User
Ground Lease No
Retail | 35,543 SqFt
Marketing description
35,543 sf retail property for sale presenting a unique owner/user investor opportunity. The property offers 20,551 sf available for owner/user occupation, with high value net income from 10,864 sf of existing tenant space. Located at 620 Rt. 23 N in Pompton Plains, New Jersey, the property features exceptional regional access, being minutes to I-Rt. 287, Rt. 23, I-Rt. 80 & Rt. 46. The property benefits from powerful demographics and traffic counts of 48,437 VPD.
Investment highlights
- Unique Owner/User Investor Opportunity
- 20,551 sf Available for Owner/User
- High Value Net Income for 10,864 sf
- Total Projected Net Income from Existing Tenants: $186,829
- Current Tenants: Urgent Care (3,000 sf), So Big (5,969 sf), Subaru (1,864 sf)
- Income from So Big & Urgent Care are net leases plus they pay their own utilities
- Long term occupants with long lease terms
- Exceptional Regional Access - Minutes to I-Rt. 287, Rt. 23, I-Rt. 80 & Rt. 46
- Powerful Demographics and Traffic Counts - Traffic 48,437 VPD
Listing Contacts
Van Houten Group LLC
Listed by Van Houten Group LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$186,829.00
$15,569.08/mo
Valuation Metrics
0
DSCR
4.06%
Cap Rate
4.06%
ROI
Map
Zoning
C-3 CommercialNeighborhood CommercialCommunity Business District
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View all 45 uses
View all 45 uses Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics
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Property History
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