418-420 Cedar Ln - Storefront FOR SALE


Teaneck, NJ 07666- Downtown Teaneck
$400,000 USD
732-232-4351
418-420 Cedar Ln, Teaneck, NJ for Sale
$400,000 USD
Storefront - FOR SALE
1/7
null | 6.52% Cap Rate

418-420 Cedar Ln
Teaneck, NJ 07666
Downtown Teaneck


HIGHLIGHTS

  • Scheduled Rent Increases
  • Strategic Location
  • Farleigh Dickinson University
  • Holy Name Medical Center
  • Impressive Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a retail building located at 418-420 Cedar Lane in Teaneck, New Jersey (the “Property”). The Property is improved by a single-story building and is 100% leased to Different Breed Fitness Studio and Aquarius Health Foods. The building contains approximately 2,088 square feet and is situated on a 0.04-acre parcel of land. The Property benefits from a prominent location along Cedar Lane, a key commercial thoroughfare, with additional exposure and ingress from Water Street. Centrally situated within Teaneck, the site offers convenient connectivity to Teaneck Road and Queen Anne Road, both of which serve as major commuter routes. The surrounding area features a strong mix of national and local retailers and dining options, and the Property is located near Fairleigh Dickinson University, helping to generate consistent traffic throughout the day. Positioned at 420 Cedar Avenue, the site is embedded within a densely populated residential neighborhood, creating a strong built-in customer base. The Property is also well served by public transportation, with access to the municipal bus line, and is located approximately one mile from NJ Route 4, 1.3 miles from the Anderson Street Train Station, and two miles from the convergence of Interstates 80 and 95. Teaneck is located in Bergen County; the affluent and densely populated area is 6-miles northwest of New York City which is easily accessible via Interstate 95 and public transportation.

FOR SALE DETAILS

PRICE

$400,000 USD

PRICE/SF

$211 USD /SF

CAP RATE

6.52%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

420 Cedar Ln

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

MX-1

APN/PARCEL ID

60-00706-0000-00003

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.