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Investment Highlights

  • Strong Tenancy
  • Minimal Landlord Responsibilities
  • Lake Hopatcong
  • Rent Increases
  • Downtown Location
  • Strong Demographics

Executive Summary

Horvath & Tremblay is pleased to present the exclusive opportunity to acquire a Dunkin’ & USPS located at 32 Durban Avenue in Hopatcong, New Jersey (the “Property”). Constructed in 1980, the two-tenant Property is improved by a 7,104 square foot building on a 0.78-acre corner parcel. Dunkin’ originally signed a 10- year lease in 2008, and in 2018 they executed a 10-year lease extension that currently has over 2 years of term remaining. The United States Postal Service began a brand-new, 5-year lease in 2025 that has over 4 years of term remaining followed by one (1), five-year renewal option. Dunkin’ & USPS are prominently situated in the core of Downtown Hopatcong and benefit from excellent visibility and frontage along a well-traveled local thoroughfare. The Property offers two points of access and ample on-site parking, allowing for efficient circulation and ease of entry. Its close proximity to Hopatcong’s municipal offices and other civic functions supports consistent daily activity in the surrounding area. The immediate area features a concentration of local retailers, restaurants, professional services, and established residential neighborhoods that provide a stable customer base. In addition, the Property enjoys convenient connectivity to major regional routes, including Interstate 80 and U.S. Routes 46 and 206, providing access to the broader Sussex and Morris County markets and nearby retail concentrations such as the Roxbury-area shopping corridors.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,104 SF
Building Class
C
Year Built
1980
Price
$3,547,654 CAD
Price Per SF
$499.39 CAD
Cap Rate
7.02%
NOI
$249,058 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
0.78 AC
Zoning
B1
Frontage
193’ on Durban Ave

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Dunkin
  • -
  • -
  • -
  • Sep 2028
  • Transportation and Warehousing
  • -
  • $33.62 CAD
  • Aug 2020

Le service postal des États-Unis a une longue histoire en tant qu'institution de son gouvernement garantissant des communications sûres et sécurisées entre le gouvernement et le peuple américain. Beaucoup connaissent bien leur histoire, qui a commencé avec le deuxième Congrès continental et Benjamin Franklin en 1775 et s'est poursuivie en 1787 lorsque la clause postale de la Constitution des États-Unis habilite le Congrès à établir des bureaux de poste et des routes postales. Le Congrès exerce ces pouvoirs en adoptant le Post Office Act de 1792, qui fait du service postal un élément permanent du gouvernement fédéral. La Loi comprenait des dispositions visant à faciliter la liberté de la presse, la confidentialité de la correspondance personnelle et à élargir l'infrastructure physique du pays, autant d'éléments essentiels à la croissance et à la prospérité de la nation.

Tenant Industry SF Occupied Rent/SF Lease End
Dunkin - - - Sep 2028
Transportation and Warehousing - $33.62 CAD Aug 2020
Fairly walkable
40/100
Moderately drivable
70/100
Fairly bikeable
40/100

Nearby Major Retailers

CrossFit
Santander

Property Taxes

Property Taxes

Parcel Number
12-30320-0000-00005
Land Assessment
$732,780 CAD
Improvements Assessment
$1,974,299 CAD
Total Assessment
$2,707,079 CAD
  • Listing ID: 39317839

  • Date on Market: 2026-02-04

  • Last Updated:

  • Address: 32 Durban Ave, Hopatcong, NJ 07843

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