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306-310 W Sylvania Ave 5,400 SF 100% Leased Retail Building Neptune City, NJ 07753 $1,744,900 CAD ($323.13 CAD/SF) 7% Cap Rate
EXECUTIVE SUMMARY
Don't miss this rare investment opportunity to own a fully leased commercial strip center in the heart of bustling Neptune, NJ. Situated in a high-traffic area just minutes from Route 18, the Garden State Parkway, and Jersey Shore University Medical Center, this property offers stable cash flow and strong tenant appeal. Located in a highly visible and accessible corridor, the center benefits from constant traffic and proximity to major retail, healthcare, and residential developments. With long-term tenants in place, this turnkey asset is ideal for both seasoned and first-time investors seeking reliable income in a growth market.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,400 SF
Building Class
C
Year Built
1973
Price
$1,744,900 CAD
Price Per SF
$323.13 CAD
Cap Rate
7%
NOI
$122,143 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
0.46 AC
Opportunity Zone
Yes
Zoning
HC - Highway Commercial Zone
Parking
100 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Walk Score®
Very Walkable (72)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 36-00118-0000-00012 | Improvements Assessment | $747,815 CAD |
| Land Assessment | $296,336 CAD | Total Assessment | $1,044,150 CAD |
PROPERTY TAXES
Parcel Number
36-00118-0000-00012
Land Assessment
$296,336 CAD
Improvements Assessment
$747,815 CAD
Total Assessment
$1,044,150 CAD
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306-310 W Sylvania Ave
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