429 Ryders Ln - Retail FOR SALE


East Brunswick, NJ 08816
$1,499,900 USD
732-803-0500
429 Ryders Ln, East Brunswick, NJ for Sale
$1,499,900 USD
Retail - FOR SALE
1/12
null | Request Cap Rate

429 Ryders Ln
East Brunswick, NJ 08816


HIGHLIGHTS

  • High Visibility Property with Maximum Potential
  • Long Term Tenants
  • Higher Rent Potential

OVERVIEW

2/3 store Shopping Center/Strip Mall. Separate Utilities for each unit. Two tenants in center, Vinnies Pizza and Bond Cleaners. Long term tenants, high visibility property, large traffic counts, rent has not been increased in at least 5 years for either tenant. Cleaners is on month to month due to lack of lease insufficient management. Rents can be increased significantly. Please do not discuss any information with tenants or their employees. Listing Agent is awaiting additional documents from owners.

FOR SALE DETAILS

PRICE

$1,499,900 USD

PRICE/SF

$461 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant, Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

C-3 General Commercial

APN/PARCEL ID

04-00317-13-00040-08

ASK ABOUT THIS PROPERTY

Steven SchragerAim RealtyMore Info
732-803-0500

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Steven SchragerAim RealtyMore Info
732-803-0500

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