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186 Mt Bethel Rd 2,597 SF 100% Leased Retail Building Warren, NJ 07059 $2,703,360 CAD ($1,040.96 CAD/SF) 6.59% Cap Rate
Investment Highlights
- High-Visibility
- Value-Add Upside
Executive Summary
High-visibility, dual-asset portfolio situated on a 1AC lot on Mt. Bethel Road. This property includes two independent buildings on a single tax lot, providing immediate value-add upside. Easy access to I-78 and Route 22. Ideal for investment, with possible owner-user, in a highly sought after location. Contact LA for more information.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,597 SF
Building Class
C
Year Built
1870
Price
$2,703,360 CAD
Price Per SF
$1,040.96 CAD
Cap Rate
6.59%
NOI
$178,044 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
12’
Building FAR
0.06
Lot Size
1.03 AC
Zoning
NB - Neighborhood Business: Retail, Service Uses, Restaurants
Parking
15 Spaces (5.78 Spaces per 1,000 SF Leased)
Frontage
25’ on Mt Bethel Rd
Property Taxes
| Parcel Number | 20-00080-0000-00001 | Improvements Assessment | $385,999 CAD |
| Land Assessment | $709,033 CAD | Total Assessment | $1,095,032 CAD |
Property Taxes
Parcel Number
20-00080-0000-00001
Land Assessment
$709,033 CAD
Improvements Assessment
$385,999 CAD
Total Assessment
$1,095,032 CAD
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