225-233 Central Ave 2,500 SF 100% Leased Retail Building East Orange, NJ 07018 $1,947,199 CAD ($778.88 CAD/SF) 7.61% Cap Rate

Rare opportunity to acquire a new construction 6-storefront commercial property located on highly trafficked Central Avenue in the heart of East Orange. This prime retail asset offers excellent street visibility, strong vehicle counts, and consistent pedestrian traffic along one of the city’s main commercial corridors. Central Avenue is recognized as one of East Orange’s primary business avenues and a key retail corridor.
The property features six individual storefronts(4 occupied, 2 vacant), providing diversified income potential with upside through lease-up and future rent growth. Occupied units with leases containing annual increases, creating a compelling blend of in-place cash flow and value-add potential.
Strategically positioned near major transportation routes and within close proximity to NJ Transit rail service, offering convenient access to Newark, Hoboken, and New York City.
Investment Highlights:
Brand new construction commercial property
6 separate storefront retail units
Prime Central Avenue location
Heavy foot traffic + strong daily car traffic
Excellent visibility and signage exposure
Diversified multi-tenant income stream
Value-add upside with remaining vacancies
Ideal for investors or owner-users