Retail Space /NJ /Morris County /Parsippany /190 Baldwin Rd
Retail Space /NJ /Morris County /Parsippany /190 Baldwin Rd

190 Baldwin Rd - Retail FOR SALE


Parsippany, NJ 07054 | 
$18,915,000 USD
201-742-6118
190 Baldwin Rd, Parsippany, NJ for Sale
$18,915,000 USD
Retail - FOR SALE
1/17
null | 7% Cap Rate
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190 Baldwin Rd
Parsippany, NJ 07054

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HIGHLIGHTS

  • Many of the inline shop tenants have annual rent increases ensuring steady rent growth over time
  • Several of the rents are below market, offering upside potential upon rollover or re-tenanting
  • Parsippany is a major corporate hub, home to several Fortune 500 companies and regional offices

FOR SALE DETAILS

PRICE

$18,915,000 USD

PRICE/SF

$414 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Baldwin Shopping Center

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

245

LAND DETAILS

LAND ACRES

3.92 AC

LAND SF

170,755 SF

ZONING

B-2

APN/PARCEL ID

29-00718-0000-00030

ASK ABOUT THIS PROPERTY

Alan CafieroMarcus & MillichapMore Info
201-742-6118

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Alan CafieroMarcus & MillichapMore Info
201-742-6118

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