427 County Road 513 - Storefront Retail/Office FOR SALE
Califon, NJ 07830 |
$1,461,000 USD
201-742-6118
427 County Road 513
Califon, NJ 07830
HIGHLIGHTS
- High-Yield Investment – Offered at a 7.75% cap rate with $113,224 of in-place NOI, providing immediate cash flow.
- Attractive Basis – Acquisition at just $128/SF, well below replacement cost for a neighborhood retail asset.
- Strong Traffic Exposure – Located directly on County Road 513 with 18,000± vehicles per day.
FOR SALE DETAILS
PRICE
$1,461,000 USD
PRICE/SF
$139 USD /SF
CAP RATE
7.75%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Neighbors Plaza
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1985
SPRINKLERS
-
PARKING SPACES
50
LAND DETAILS
LAND ACRES
1.5 AC
LAND SF
65,340 SF
ZONING
B-1
APN/PARCEL ID
19-00038-0000-00026
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201-742-6118
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201-742-6118
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