Property Details
Price :
Square Feet :
Cap Rate :
$2,023,000
10,130
6.63%
NOI :
Acres :
$134,036
1.19
Property Type :
Property Status :
Retail
Available
Investment Highlights
- 100% Occupied +/- 10,130 SF Neighborhood Retail Center on Approximately 1.19 Acres Along Yardville-Allentown Road Allentown, (Upper Freehold Township) Monmouth County, NJ.
- Diversified Tenant Mix — Necessity-Based Service and Retail Tenants, Amazon Proof
- Proven Tenant Longevity — 10+ Year Weighted Average Tenure, Anchored by 20- and 19-Year Operators.
- Affluent Trade Area — Strong Market Demographics With an Average Household Income Above $194,000 Within a 3-Mile radius
- Recent Renovations Including Roof, Windows, and Parking Lot Providing Ease of Management and Zero Deferred Maintenance
- Supply-Constrained Market — Limited Commercial Inventory and an Extremely High Barrier to Entry Support Sustained Occupancy and Pricing Power.
- Easy Access to Major Roadways — 1.7 miles to I-195, with Access to Route 130, I-95/NJ Turnpike, and Route 206.
Street View
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