Century 21 Standard Real Estate
Listed by Century 21 Standard Real Estate
$1,499,999
7233 Amboy Road
Details
Property Type Retail
Sub Type Storefront
Square Footage 4,600
Net Rentable (SqFt) 69,000
Units 3
Cap Rate 4.60%
NOI $69,000
Occupancy 100%
Tenancy Single
Brand/Tenant Always A Bridesmaid
Lease Type Gross
Lease Term 20
Lease Expiration 01/14/2034
Remaining Term 7.5
Rent Bumps Yes
Price per SqFt $326
Class A
Year Built 1939
Year Renovated 2011, 2023
Stories 1
Lot Size (SqFt) 7,150
Zoning R3X
Parking Spaces 5 spaces
Parking per 1,000 SqFt 1.09
Tenant Credit No Credit Rating
Lease Commencement 02/06/2014
Ground Lease No
Ceiling Height 9
Corner Property | 100% Leased | 4,600 sq ft
Marketing description
4,600 Sq ft commercial building on corner lot with high foot traffic on major Amboy Rd artery. One story block/stucco building with flat roof, 5 car parking lot. One tenant occupying 2 store fronts and studio apartment. Excellent condition with a major renovation completed in 2023.
Investment highlights
4,600 Sq ft commercial building on corner lot with high foot traffic on major Amboy Rd artery. One story block/stucco building with flat roof, 5 car parking lot. One tenant occupying 2 store fronts and studio apartment. Excellent condition with a major renovation completed in 2023.
Listing Contacts
Century 21 Standard Real Estate
Listed by Century 21 Standard Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$69,000.00
$5,750.00/mo
Valuation Metrics
0
DSCR
4.6%
Cap Rate
4.6%
ROI
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