660 Highway 35 - Retail FOR SALE


Middletown, NJ 07748- Aberdeen/Hazlet/Middletown
$2,500,000 USD
917-526-2982
660 Highway 35, Middletown, NJ for Sale
$2,500,000 USD
Retail - FOR SALE
1/27
null | Request Cap Rate

660 Highway 35
Middletown, NJ 07748
Aberdeen/Hazlet/Middletown


HIGHLIGHTS

  • 2 Property Package
  • Passive NN Lease
  • 109’ Frontage on Rt 35
  • 40,934 VPD Exposure
  • Rare Investment
  • Property Package

OVERVIEW

660 Route 35 & 16 Gillville Lane presents a unique investment package opportunity to own an expansive commercial building with a long term lease located along Route 35 AND a detached residential property that can be utilized by an owner/user or for future investment. Compact Auto Body has over 7 years remaining on their initial lease term with (2) 5 year options to renew. Compact Auto is a part of Vive Collision, which has over 55 locations throughout the northeast. The property is positioned on Route 35 with over 40,000 Vehicles Per Day exposure and among many national tenants.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$373 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,508 SF

ZONING

B-3

APN/PARCEL ID

32-00869-0000-00108

ASK ABOUT THIS PROPERTY

Jason TrembickiKW CommercialMore Info
917-526-2982

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Jason TrembickiKW CommercialMore Info
917-526-2982

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