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Reema Plaza 1101 N 2nd St 12,000 SF Retail Building Millville, NJ 08332 $2,791,840 CAD ($232.65 CAD/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- High Traffic
EXECUTIVE SUMMARY
Prime Mixed-Use 9-Unit Commercial Strip Mall – High-Traffic Location in Millville, NJ!
Seize this exceptional investment opportunity in the rapidly growing Millville, NJ! This mixed-use 9-unit commercial strip mall boasts a high-traffic location, excellent visibility, and a strong tenant mix with long-term leases in place. Lease details are available for qualified buyers.
Property Highlights:
Prime Location – Situated on N 2nd St, directly across from McDonald's, Wendy's, and Walgreens.
? High Traffic Exposure – A major corridor connecting Millville and Vineland, with access to Route 49 (South) and Route 55 (North).
? Strong Tenant Base – Stable, long-term tenants ensuring consistent cash flow.
? Ample Parking – Convenient parking for tenants and customers.
? Investment Potential – Ideal for investors looking for a turnkey income-generating property in a thriving market.
Don't miss this rare chance to own a high-performing commercial asset in a prime retail corridor. Contact us today for more details!
Seize this exceptional investment opportunity in the rapidly growing Millville, NJ! This mixed-use 9-unit commercial strip mall boasts a high-traffic location, excellent visibility, and a strong tenant mix with long-term leases in place. Lease details are available for qualified buyers.
Property Highlights:
Prime Location – Situated on N 2nd St, directly across from McDonald's, Wendy's, and Walgreens.
? High Traffic Exposure – A major corridor connecting Millville and Vineland, with access to Route 49 (South) and Route 55 (North).
? Strong Tenant Base – Stable, long-term tenants ensuring consistent cash flow.
? Ample Parking – Convenient parking for tenants and customers.
? Investment Potential – Ideal for investors looking for a turnkey income-generating property in a thriving market.
Don't miss this rare chance to own a high-performing commercial asset in a prime retail corridor. Contact us today for more details!
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
12,000 SF
Building Class
B
Year Built
1969
Price
$2,791,840 CAD
Price Per SF
$232.65 CAD
Cap Rate
8%
NOI
$223,347 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
1.36 AC
Zoning
Retail - Retail
Parking
72 Spaces (6 Spaces per 1,000 SF Leased)
Frontage
210’ on 2nd St
AMENITIES
- Bus Line
- Pylon Sign
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Atlantic Electric Co
- Utilities
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Chow's Garden Restaurant
- Accommodation and Food Services
- -
- -
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Atlantic Electric Co | Utilities | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Chow's Garden Restaurant | Accommodation and Food Services | - | - | Lorem Ipsum | Jan 0000 |
Walk Score®
Very Walkable (72)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 10-00259-0000-00001 | Improvements Assessment | $1,007,516 CAD |
| Land Assessment | $254,860 CAD | Total Assessment | $1,262,376 CAD |
PROPERTY TAXES
Parcel Number
10-00259-0000-00001
Land Assessment
$254,860 CAD
Improvements Assessment
$1,007,516 CAD
Total Assessment
$1,262,376 CAD
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Reema Plaza | 1101 N 2nd St
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