179 South St - Storefront FOR SALE


Freehold, NJ 07728
$6,450,000 USD
179 South St, Freehold, NJ for Sale
$6,450,000 USD
Storefront - FOR SALE
1/17
null | 7.35% Cap Rate

179 South St
Freehold, NJ 07728


HIGHLIGHTS

  • No Unit Greater Than 13% of the GLA – Mitigating Landlord Risk
  • Many Tenants Have Scheduled Rental Increases and a Long-Standing History at the Center
  • Opportunity to Raise Rents to Market Value and Convert all the Leases to NNN

FOR SALE DETAILS

PRICE

$6,450,000 USD

PRICE/SF

$229 USD /SF

CAP RATE

7.35%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Metro Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

2.59 AC

LAND SF

112,820 SF

ZONING

Commercial

APN/PARCEL ID

17-00049-37-00037

ASK ABOUT THIS PROPERTY

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