6520 US Highway 9 - Storefront FOR SALE


Howell, NJ 07731
$7,625,000 USD
305-467-6060
6520 US Highway 9, Howell, NJ for Sale
$7,625,000 USD
Storefront - FOR SALE
1/3
null | Request Cap Rate

6520 US Highway 9
Howell, NJ 07731


OVERVIEW

Value added deal. Ideal for an owner-user or investor, this property consists of two structures: a retail building with excellent frontage and visibility along Route 9 and a warehouse located in the rear of the property. Short term leases. Huge potential to increase rents due to current leases being below market. The retail building is currently divided into 7 units but can be reconfigured to accommodate an owner-user and has a new roof, installed October 2022 with a 20 year NDL warranty. The warehouse is currently divided into 2 units, 3,125 SQFT each. 6,250 SQFT of warehouse space total. The warehouse has been recently renovated and includes five overhead doors, office space with A/C, restrooms, and heating. Recent renovations include: - New parking lot - New lighting for parking lot - New detention pond - Warehouse renovated 2025 Each retail unit is individually metered for electric and water. The warehouse is metered for up to 2 tenants. All offers should be put in writing to abe612@gmail.com Please include the following information: - If you are making a cash offer or if you will be financing. If financing please specify if you are already approved. - How much time you require for inspection and due diligence - Closing date - Contact information All information must be independently verified by buyer, seller makes no representations.

FOR SALE DETAILS

PRICE

$7,625,000 USD

PRICE/SF

$357 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Lakewood center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

3.63 AC

LAND SF

158,123 SF

ZONING

HD1, Howell Twp

APN/PARCEL ID

21-00071-0000-00015

ASK ABOUT THIS PROPERTY

Abe GreenAbe GreenMore Info
305-467-6060

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Abe GreenAbe GreenMore Info
305-467-6060

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