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Fayette Roxbury Strip Center 15 State Route 10 E 17,124 SF 100% Leased Retail Building Succasunna, NJ 07876 $6,752,065 CAD ($394.30 CAD/SF) 7% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 4.4+ Years Walt | Options To Extend | Rental Increases
  • Dense Retail Corridor | Strong Tenant Synergy
  • Strong Frontage On State Highway 10 (31,900 VPD) | Proximity To I-80 (114,000 VPD) | Regional Connectivity
  • NNN Lease Structures | Minimal Landlord Responsibilities
  • Proximity To Community Anchors
  • Strong Demographics In 5-Mile Trade Area | New York-Newark-Jersey City MSA

EXECUTIVE SUMMARY

SRS Multi-Tenant Investments is pleased to present the fee simple interest in a 100% leased, multi-tenant retail center located in Succasunna, New Jersey, within the New York–Newark–Jersey City MSA. The asset features 4.4+ years of weighted average lease term with all tenants holding renewal options, several with scheduled rental increases. All leases are NNN with tenants reimbursing for taxes, insurance, and CAM; landlord responsibilities are minimal and fully reimbursed, making this an ideal low-maintenance investment for passive or out-of-state buyers.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
17,124 SF
Building Class
C
Year Built
1969
Price
$6,752,065 CAD
Price Per SF
$394.30 CAD
Cap Rate
7%
NOI
$472,650 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
1.40 AC
Zoning
B-2
Parking
71 Spaces (4.15 Spaces per 1,000 SF Leased)

AMENITIES

  • Pylon Sign

NEARBY MAJOR RETAILERS

CrossFit
Jazzercise
Planet Fitness
TD Bank
Valley National Bank
Fuddruckers
Boston Market
Fulton Bank
Orangetheory Fitness
Citizens

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
36-01905-0000-00020
Land Assessment
$681,209 CAD
Improvements Assessment
$3,766,611 CAD
Total Assessment
$4,447,820 CAD
  • Listing ID: 38310538

  • Date on Market: 2025-11-03

  • Last Updated:

  • Address: 15 State Route 10 E, Succasunna, NJ 07876

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