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238 W Forest Ave 238 W Forest Ave 2,277 SF 100% Leased Retail Building Englewood, NJ 07631 $2,779,980 CAD ($1,220.90 CAD/SF) 7.53% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Attractive Rent Increases
  • Strategic Location
  • Strong Demographics
  • Minimal Landlord Resonsibilities
  • Recession Resistant Tenant

EXECUTIVE SUMMARY

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-tenant retail investment property located at 238 W Forest Avenue in Englewood, NJ (the “Property”). The current tenants include C&A Transmissions/ U-Haul and Bergen County Collision. C&A Transmissions/U-Haul has over 3 years remaining on their original lease while Bergen County Collision operates on a Month-to-Month lease and has been at the location since 2004. The Property is situated upon a 0.52-acre lot. The Property is located along West Forest Avenue, one of Englewood’s primary commercial corridors, offering strong visibility and convenient access within a well-established Bergen County retail market. The multi-tenant retail property is positioned near the signalized intersection of Forest Avenue and Palisade Avenue (Route 93), a heavily traveled north–south arterial and is in close proximity to a mix of complementary national and local retailers, service-oriented businesses, and dining options that drive consistent daily traffic. Surrounded by dense, affluent residential neighborhoods and nearby office and medical uses, the site benefits from a stable and diverse consumer base. The Property provides efficient access to Route 93 and Route 4, with Interstate 95 (George Washington Bridge) located a short distance south, allowing for direct connectivity to Fort Lee, the greater Northern New Jersey region, and Manhattan.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,277 SF
Building Class
C
Year Built
2004
Price
$2,779,980 CAD
Price Per SF
$1,220.90 CAD
Cap Rate
7.53%
NOI
$209,321 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
0.52 AC
Opportunity Zone
Yes
Zoning
SBD
Frontage
68’ on W Forest

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Bergen Collision Corp
  • Services
  • -
  • -
  • -
  • Real Estate
  • -
  • -
  • -

U-Haul est une société américaine de location de camions de déménagement, de remorques et de libre-entreposage basée à Phoenix, en Arizona, qui est en activité depuis 1945. La société a été fondée par Leonard Shoen et Anna Mary Carty Shoen à Ridgefield, dans l'État de Washington, qui l'ont créée dans le garage appartenant à la famille de sa femme et l'a agrandie en franchisant des stations-service. En plus de la location de camions de déménagement et de remorques et des unités de libre-entreposage, de nombreux centres et concessionnaires U-Haul offrent également des boîtes de déménagement, des accessoires d'emballage, du remplissage de GPL (propane), l'installation d'attelage et de câblage de remorque, la location de conteneurs d'entreposage et d'autres services.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Bergen Collision Corp Services - - -
Real Estate - - -

NEARBY MAJOR RETAILERS

Golden Krust Caribbean Restaurants
Noches De Colombia
Surf City Squeeze
Blimpie
Starbucks
Tiger Schulmann's Martial Arts
The Little Gym
Club Pilates
Chase Bank
PNC Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-02214-0000-00001
Land Assessment
$696,496 CAD
Improvements Assessment
$295,715 CAD
Total Assessment
$992,211 CAD
  • Listing ID: 39107987

  • Date on Market: 2026-01-16

  • Last Updated:

  • Address: 238 W Forest Ave, Englewood, NJ 07631

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