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33's Barber Shop Plaza 1629 Highway 33 6,000 SF 100% Leased Retail Building Trenton, NJ 08690 $2,122,911 CAD ($353.82 CAD/SF) 7.50% Cap Rate

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Investment Highlights

  • Stable in-place cash flow with 100% occupancy across five tenants, producing a strong NOI of $116,236 from day one.
  • Reduced near-term capex and upside potential with a 2021 roof replacement and a modified gross lease structure that allows for future optimization.
  • Prime, high-visibility along a heavily trafficked Highway 33 corridor near Hamilton Township and Robbinsville, supporting long-term tenant demand.

Executive Summary

Located along the highly trafficked Highway 33 corridor, 1629 Highway 33 presents a well-positioned, fully occupied mixed-use investment opportunity with stable in-place income and attractive fundamentals. This property is situated closer to Hamilton township and Robbinsville, positioned further east of Trenton territory. This 6,000 SF building plus basement is comprised of five tenants and is currently operating at 100% occupancy, offering immediate cash flow from day one.
The property features a modified gross lease structure with a blend of annual and month-to-month tenancies, providing both income stability and future upside potential. The roof was replaced in 2021, reducing near-term capital expenditure concerns and enhancing overall asset reliability.
With a gross income of $160,800 and expenses of $44,564, the property generates a strong NOI of $116,236. At the asking price of $1,550,000, this represents an attractive return profile for investors seeking steady income with long-term value positioning along a prominent commercial corridor.
Strategically located with excellent visibility and accessibility, the asset benefits from consistent traffic flow and strong local demand drivers within the surrounding market.
This opportunity combines stability, location strength, and operational flexibility — making it well-suited for investors seeking durable cash flow with the ability to optimize over time.

Data Room Click Here to Access

Financial Summary (Actual - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $220,235 $36.71
Other Income - -
Vacancy Loss - -
Effective Gross Income $220,235 $36.71
Taxes - -
Operating Expenses - -
Total Expenses $61,036 $10.17
Net Operating Income $159,199 $26.53

Financial Summary (Actual - 2026)

Gross Rental Income (CAD)
Annual $220,235
Annual Per SF $36.71
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $220,235
Annual Per SF $36.71
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $61,036
Annual Per SF $10.17
Net Operating Income (CAD)
Annual $159,199
Annual Per SF $26.53

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
6,000 SF
Building Class
B
Year Built
1971
Price
$2,122,911 CAD
Price Per SF
$353.82 CAD
Cap Rate
7.50%
NOI
$159,199 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
0.66 AC
Zoning
Highway Commercial - Highway Commercial, HC zoning in Trenton is intended to accommodate a wide range of highway-oriented commercial uses that benefits off high visibility
Parking
32 Spaces (5.33 Spaces per 1,000 SF Leased)
Frontage
181’ on Route 33

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • 33'S Barber Shop
  • Services
  • -
  • -
  • -
  • -
  • Economy Bike Shop
  • Retailer
  • -
  • -
  • -
  • -
  • Main Street
  • -
  • -
  • -
  • Triple Net
  • -
  • TNT CARD SHOP
  • -
  • 1,000 SF
  • $0.14 CAD
  • Modified Gross
  • -
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
33'S Barber Shop Services - - - -
Economy Bike Shop Retailer - - - -
Main Street - - - Triple Net -
TNT CARD SHOP - 1,000 SF $0.14 CAD Modified Gross -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • Ground
  • 1,000 SF
  • Retail
  • In-Line
  • Now
Space Size Space Use Position Available
Ground 1,000 SF Retail In-Line Now

Ground

Size
1,000 SF
Space Use
Retail
Position
In-Line
Available
Now

Nearby Major Retailers

Jazzercise
ShopRite
Truist
PNC Bank
Texas Roadhouse
The Habit Burger Grill
Saladworks
Simple Greek
Bubbakoo's Burritos
Fulton Bank

Property Taxes

Property Taxes

Parcel Number
03-01958-0000-00001
Land Assessment
$440,808 CAD (2025)
Improvements Assessment
$736,314 CAD (2025)
Total Assessment
$1,177,123 CAD (2025)
  • Listing ID: 39451148

  • Date on Market: 2026-02-16

  • Last Updated:

  • Address: 1629 Highway 33, Trenton, NJ 08690

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