238 W Forest Ave - Auto Repair FOR SALE


Englewood, NJ 07631
$2,000,000 USD
201-215-1805
238 W Forest Ave, Englewood, NJ for Sale
$2,000,000 USD
Auto Repair - FOR SALE
1/10
null | 7.53% Cap Rate

238 W Forest Ave
Englewood, NJ 07631


HIGHLIGHTS

  • Attractive Rent Increases
  • Minimal Landlord Resonsibilities
  • Strategic Location
  • Recession Resistant Tenant
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-tenant retail investment property located at 238 W Forest Avenue in Englewood, NJ (the “Property”). The current tenants include C&A Transmissions/ U-Haul and Bergen County Collision. C&A Transmissions/U-Haul has over 3 years remaining on their original lease while Bergen County Collision operates on a Month-to-Month lease and has been at the location since 2004. The Property is situated upon a 0.52-acre lot. The Property is located along West Forest Avenue, one of Englewood’s primary commercial corridors, offering strong visibility and convenient access within a well-established Bergen County retail market. The multi-tenant retail property is positioned near the signalized intersection of Forest Avenue and Palisade Avenue (Route 93), a heavily traveled north–south arterial and is in close proximity to a mix of complementary national and local retailers, service-oriented businesses, and dining options that drive consistent daily traffic. Surrounded by dense, affluent residential neighborhoods and nearby office and medical uses, the site benefits from a stable and diverse consumer base. The Property provides efficient access to Route 93 and Route 4, with Interstate 95 (George Washington Bridge) located a short distance south, allowing for direct connectivity to Fort Lee, the greater Northern New Jersey region, and Manhattan.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$391 USD /SF

CAP RATE

7.53%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

238 W Forest Ave

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,499 SF

ZONING

SBD

APN/PARCEL ID

15-02214-0000-00001

ASK ABOUT THIS PROPERTY

Joseph PriscoHorvath & TremblayMore Info
201-215-1805

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Joseph PriscoHorvath & TremblayMore Info
201-215-1805

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