30 E Somerset St - Freestanding FOR SALE


Raritan, NJ 08869
$2,039,000 USD
949-945-6012
30 E Somerset St, Raritan, NJ for Sale
$2,039,000 USD
Freestanding - FOR SALE
1/3
null | 5.75% Cap Rate

30 E Somerset St
Raritan, NJ 08869


HIGHLIGHTS

  • Essential Infrastructure: The USPS serves as a critical component of the nation’s infrastructure, providing reliable mail and package delivery service
  • Strong Market Position: With its unparalleled reach, the USPS maintains a dominant market position in mail and package delivery.
  • E-Commerce Boom: The exponential growth of e-commerce has translated into increased demand for package delivery services.
  • Diverse Revenue Streams: The USPS derives revenue from various sources, including first-class mail, marketing mail, packages, and more.
  • Financial Resilience: USPS has historically displayed financial resilience. Its ability to adapt to changing market dynamics
  • Government Support and Oversight: As a government agency, the United States Postal Service benefits from a level of support and oversight

OVERVIEW

Broker of Record Patrick Forde License # 2330333 (NJ) Matthews Real Estate Investment Services, Inc 52 Park Avenue, Suite B5, Park Ridge NJ 07656 (866) 889-0550

FOR SALE DETAILS

PRICE

$2,039,000 USD

PRICE/SF

$485 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

United States Postal Service

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,252 SF

ZONING

B-1

APN/PARCEL ID

16-00109-0000-00001-02

ASK ABOUT THIS PROPERTY

Corey SelenskiMatthews Real Estate Investment ServicesMore Info
949-945-6012

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Corey SelenskiMatthews Real Estate Investment ServicesMore Info
949-945-6012

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