1076 Ringwood Ave - Retail FOR SALE


Haskell, NJ 07420
$1,229,013 USD
973-332-0518
1076 Ringwood Ave, Haskell, NJ for Sale
$1,229,013 USD
Retail - FOR SALE
1/3
null | 7.5% Cap Rate

1076 Ringwood Ave
Haskell, NJ 07420


HIGHLIGHTS

  • Net leased NAPA Auto Parts store providing reliable rental income.
  • Mixed-use configuration includes a 3-bedroom apartment for additional revenue.

OVERVIEW

This offering presents a mixed-use property anchored by a NAPA Auto Parts store with a long-standing net lease and an additional income-producing residential component. Located on Ringwood Avenue in Haskell, NJ, this investment combines strong retail tenancy with future upside potential from a 3-bedroom apartment situated above the retail space. The NAPA Auto Parts store operates under a net lease structure, providing investors with stable returns backed by a national automotive retail brand. The seven-year original lease term has 3.5 years remaining, with two renewal options of five years each, ensuring continuity and predictable income.

FOR SALE DETAILS

PRICE

$1,229,013 USD

PRICE/SF

$271 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,773 SF

ZONING

B

APN/PARCEL ID

13-00435-0000-00016

ASK ABOUT THIS PROPERTY

Douglas BalduiniEvergreen Commercial Real EstateMore Info
973-332-0518

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Douglas BalduiniEvergreen Commercial Real EstateMore Info
973-332-0518

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.