Property Details
Price :
Square Feet :
Cap Rate :
$2,142,000
4,425
6.00%
NOI :
Acres :
$128,520
0.30
Property Type :
Property Status :
Net Lease
Under Agreement
Investment Highlights
TENANT(S)
- Mavis Discount Tire is a Major Automotive Service Chain Known for Offering Competitive Pricing on Tires and a Wide Range of Auto Repair Services
- 1,500+ Locations Nationwide
LEASE(S)
- NN Lease with +/- 8 Years of Base Term Remaining
- (3) 5-Year Renewal Options
- 8% Rent Increase Every 5 Years
BUILDING
- 4,425 Rentable Square Feet on .30 Acres
- 9 Dedicated Parking Spaces
LOCATION/ MARKET
- Ridgewood is One of the Most Desirable Downtowns in New Jersey with Convenient NJ Transit Access
- Located at the Lighted Intersection of Franklin Avenue and N Maple Avenue with a Combined Daily Traffic Count of 28,000+
- 3-Mile AHH Income of $190,000+
Street View
Listing Contacts
