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304 Mountain Ave
Hackettstown, NJ 07840
Friendly's - Below Market Rent · Retail Property For Sale
Investment Highlights
- Absolute NNN Friendly's – 11.5± Years Remaining on Corporate Lease
- High-Visibility Retail Corridor – 25,500± VPD Along Mountain Ave - Easy Access and Exposure
- Attractive Basis with Repositioning Optionality –Ability to Reset Rent or Backfill at Market Upon Rollover
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,188 SF
Building Class
C
Year Built
2013
Price
$1,842,108 CAD
Price Per SF
$577.83 CAD
Cap Rate
5%
NOI
$92,098 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.72 AC
Zoning
HC
Parking
54 Spaces (16.94 Spaces per 1,000 SF Leased)
Frontage
65’ on Mountain Ave
Property Taxes
| Parcel Number | 08-00129-0000-00017-01 | Improvements Assessment | $423,337 CAD |
| Land Assessment | $1,050,210 CAD | Total Assessment | $1,473,547 CAD |
Property Taxes
Parcel Number
08-00129-0000-00017-01
Land Assessment
$1,050,210 CAD
Improvements Assessment
$423,337 CAD
Total Assessment
$1,473,547 CAD
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