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Burlington, NJ - Shopping Center 125 Us-130 13,660 SF 100% Leased Retail Building Burlington, NJ 08016 $3,629,392 CAD ($265.69 CAD/SF) 6.46% Cap Rate
INVESTMENT HIGHLIGHTS
- Lot Size - 1.48 Acres.
- Large parking lot with 50 Spaces to accommodate customers.
- All leases are NNN leases, tenants are responsible for their proportionate share of the building's expenses.
- Building Size - 10,060SF (building A) , 3,600SF (building B).
- Located at a traffic light regulated intersection with 6 points of entry/exit.
EXECUTIVE SUMMARY
Silber Investment Properties is pleased to Exclusively present an opportunity to own a 10 store shopping center on Route 130 with high visibility and daily traffic counts exceeding 42,000 vehicles per day.
Situated in an extremely dense retail/residential corridor (with over 72,000 residents within a 3 mile radius), this location provides no shortage of potential customers/tenants, and the combination of below market rent along with low price per-square-foot provides tremendous upside for a potential investor.
Situated in an extremely dense retail/residential corridor (with over 72,000 residents within a 3 mile radius), this location provides no shortage of potential customers/tenants, and the combination of below market rent along with low price per-square-foot provides tremendous upside for a potential investor.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
13,660 SF
Building Class
C
Year Built
1919
Price
$3,629,392 CAD
Price Per SF
$265.69 CAD
Cap Rate
6.46%
NOI
$234,314 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
0.96 AC
Zoning
TRN
Parking
28 Spaces (2.05 Spaces per 1,000 SF Leased)
Frontage
186’ on Us-130
AMENITIES
- Freeway Visibility
- Signage
- Signalized Intersection
Walk Score®
Very Walkable (80)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 05-00034-0000-00052 | Improvements Assessment | $760,776 CAD |
| Land Assessment | $321,062 CAD | Total Assessment | $1,081,838 CAD |
PROPERTY TAXES
Parcel Number
05-00034-0000-00052
Land Assessment
$321,062 CAD
Improvements Assessment
$760,776 CAD
Total Assessment
$1,081,838 CAD
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Burlington, NJ - Shopping Center | 125 Us-130
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