343-351 State Route 34 - Storefront Retail/Office FOR SALE


Matawan, NJ 07747
$16,742,000 USD
201-742-6118
343-351 State Route 34, Matawan, NJ for Sale
$16,742,000 USD
Storefront Retail/Office - FOR SALE
1/20
null | 7% Cap Rate

343-351 State Route 34
Matawan, NJ 07747


HIGHLIGHTS

  • Anchored by Dunkin' with Drive-Thru, Palms Plaza Catering, Paramount Fitness, and Golf Republic
  • Most Tenants Have Annual Rent Increases Providing a Hedge Against Inflation, and Steady Rent Growth
  • The Property has a Diversified Roster of 20 Tenants Including Dining, Lifestyle, and Neighborhood Retail

FOR SALE DETAILS

PRICE

$16,742,000 USD

PRICE/SF

$271 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Park Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

316

LAND DETAILS

LAND ACRES

5.86 AC

LAND SF

255,262 SF

ZONING

EDO1

APN/PARCEL ID

15-03231-0000-00017

ASK ABOUT THIS PROPERTY

Alan CafieroMarcus & MillichapMore Info
201-742-6118

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Alan CafieroMarcus & MillichapMore Info
201-742-6118

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