This Property is no longer advertised on Showcase.com.
Off Market
1/4

141-143 Broad St
Red Bank, NJ 07701


HIGHLIGHTS

  • 2,500 SF IDEAL FOR USER
  • VALUABLE BROAD STREET
  • 32 CAR PARKING LOT ON SITE
  • INCOME FROM ADJACENT TENANT
  • COMPLETELY RENOVATED
  • CLEAR SPACE SPACE

OVERVIEW

Broad Street, Red Bank. 32 parking spaces on site. This desirable Broad Street property was completely gutted and renovated in 2015 with a new façade, HVAC, electrical, ADA lavatories, plumbing, interior fit-up, roof, much more. It was divided into two spaces with the owner occupying 2,500 (+/-) sf as a pharmacy that will deliver this space vacant. The adjacent space is 1,913 (+/-) sf and has been occupied by Ani Art Academy since the building was renovated and has exceptionally well done beautiful space with a five year triple net lease for $66,084 per year with 3% annual increases. This tenant has one additional five year option to renew. Ideal for restaurant, brokerage, physical therapy, medical, much more.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

4500

STORIES

1

YEAR BUILT

1970

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

39-00059-0000-00002