1104 Bloomfield Ave - Service Station FOR SALE


West Caldwell, NJ 07006
$5,368,856 USD
203-253-9455
1104 Bloomfield Ave, West Caldwell, NJ for Sale
$5,368,856 USD
Service Station - FOR SALE
1/3
null | 6.25% Cap Rate

1104 Bloomfield Ave
West Caldwell, NJ 07006


HIGHLIGHTS

  • Corporate Guarantee for Full Term
  • Strong Surrounding Demographics
  • Proximity to Top-Rated Schools Reinforces Family Demand
  • Dense Commuter Demographic
  • Affluent Surrounding Community
  • Strong Retail Corridor

OVERVIEW

Surmount is pleased to present the exclusive listing for a Lightbridge Academy located at 1104 Bloomfield Avenue, West Caldwell, NJ 07006. The site consists of roughly 11,400 rentable square feet of building space on an estimated 1.14-acre parcel of land. Lightbridge Academy is subject to a 20-year Triple Net (NNN) lease, which commenced 11/21/2022. The current annual rent is $335,553 and has scheduled increases of 2.00% Annually.

FOR SALE DETAILS

PRICE

$5,368,856 USD

PRICE/SF

$2,619 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lightbridge Academy

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

50,965 SF

ZONING

B-1

APN/PARCEL ID

21-01800-0000-00026

ASK ABOUT THIS PROPERTY

Edward OtockaSurmountMore Info
203-253-9455

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

Edward OtockaSurmountMore Info
203-253-9455

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