245 US Highway 22 - Auto Dealership FOR SALE


Hillside, NJ 07205
$8,499,999 USD
201-538-7279
245 US Highway 22, Hillside, NJ for Sale
$8,499,999 USD
Auto Dealership - FOR SALE
1/20
null | Request Cap Rate

245 US Highway 22
Hillside, NJ 07205


HIGHLIGHTS

  • Prime location on Route 22, providing high visibility and easy accessibility for customers.
  • Features a brand-new showroom and 245 parking spaces, accommodating various commercial uses.
  • Strong income potential with 5 Cap plus additional revenue from an on-site billboard.

OVERVIEW

245 Route 22 in Hillside presents a prime investment opportunity in a high-traffic highway location. The Luxury Motors building, now available for sale, features a brand-new showroom and 245 parking spaces, offering excellent exposure and accessibility. This high-visibility property generates a 5 Cap, and includes additional revenue from an on-site billboard. With strong income potential and a premier location, this is an ideal asset for investors seeking a well-positioned commercial property.

FOR SALE DETAILS

PRICE

$8,499,999 USD

PRICE/SF

$425 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,878 SF

ZONING

Commercial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

David SimonProminent Properties CommercialMore Info
201-538-7279

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David SimonProminent Properties CommercialMore Info
201-538-7279

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