32 Durban Ave - Freestanding FOR SALE


Hopatcong, NJ 07843
$2,585,000 USD
732-232-4351
32 Durban Ave, Hopatcong, NJ for Sale
$2,585,000 USD
Freestanding - FOR SALE
1/6
null | 7.02% Cap Rate

32 Durban Ave
Hopatcong, NJ 07843


HIGHLIGHTS

  • Strong Tenancy
  • Rent Increases
  • Minimal Landlord Responsibilities
  • Downtown Location
  • Lake Hopatcong
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to acquire a Dunkin’ & USPS located at 32 Durban Avenue in Hopatcong, New Jersey (the “Property”). Constructed in 1980, the two-tenant Property is improved by a 7,104 square foot building on a 0.78-acre corner parcel. Dunkin’ originally signed a 10- year lease in 2008, and in 2018 they executed a 10-year lease extension that currently has over 2 years of term remaining. The United States Postal Service began a brand-new, 5-year lease in 2025 that has over 4 years of term remaining followed by one (1), five-year renewal option. Dunkin’ & USPS are prominently situated in the core of Downtown Hopatcong and benefit from excellent visibility and frontage along a well-traveled local thoroughfare. The Property offers two points of access and ample on-site parking, allowing for efficient circulation and ease of entry. Its close proximity to Hopatcong’s municipal offices and other civic functions supports consistent daily activity in the surrounding area. The immediate area features a concentration of local retailers, restaurants, professional services, and established residential neighborhoods that provide a stable customer base. In addition, the Property enjoys convenient connectivity to major regional routes, including Interstate 80 and U.S. Routes 46 and 206, providing access to the broader Sussex and Morris County markets and nearby retail concentrations such as the Roxbury-area shopping corridors.

FOR SALE DETAILS

PRICE

$2,585,000 USD

PRICE/SF

$364 USD /SF

CAP RATE

7.02%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dunkin & USPS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

B1

APN/PARCEL ID

12-30320-0000-00005

ASK ABOUT THIS PROPERTY

Michael LombardiHorvath & TremblayMore Info
732-232-4351

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Michael LombardiHorvath & TremblayMore Info
732-232-4351

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