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Globus Plaza 1280 Yardville Allentown Rd 10,130 SF 100% Leased Retail Building Allentown, NJ 08501 $2,818,666 CAD ($278.25 CAD/SF) 6.63% Cap Rate
Investment Highlights
- Diversified Tenant Mix — Necessity-Based Service and Retail Tenants, Amazon Proof
- Recent Renovations Including Roof, Windows, and Parking Lot Providing Ease of Management and Zero Deferred Maintenance
- Proven Tenant Longevity — 10+ Year Weighted Average Tenure, Anchored by 20- and 19-Year Operators.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,130 SF
Building Class
C
Year Built
1972
Price
$2,818,666 CAD
Price Per SF
$278.25 CAD
Cap Rate
6.63%
NOI
$186,754 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
1.19 AC
Zoning
CC
Parking
75 Spaces (7.4 Spaces per 1,000 SF Leased)
Frontage
302’ on Yardville Allentown Rd
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 51-00044-0000-00004-01 | Improvements Assessment | $1,558,466 CAD |
| Land Assessment | $612,309 CAD | Total Assessment | $2,170,776 CAD |
Property Taxes
Parcel Number
51-00044-0000-00004-01
Land Assessment
$612,309 CAD
Improvements Assessment
$1,558,466 CAD
Total Assessment
$2,170,776 CAD
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Globus Plaza | 1280 Yardville Allentown Rd
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