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414 38th St 2,475 SF Retail Building Union City, NJ 07087 $1,046,940 CAD ($423.01 CAD/SF) 6.88% Cap Rate
EXECUTIVE SUMMARY
Building for sale. Tenant has 5 years left on lease they pay $5300 a month and all utilities. Great investment opportunity with major upside. Contact me at 929-922-0625.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
2,475 SF
Building Class
C
Year Built
1980
Price
$1,046,940 CAD
Price Per SF
$423.01 CAD
Cap Rate
6.88%
NOI
$72,029 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.95
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
C
Frontage
24’ on 38th St
AMENITIES
- Bus Line
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Nuevo Adoro
- Retailer
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Nuevo Adoro | Retailer | - | - | - |
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (88)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 10-00225-0000-00008 | Improvements Assessment | $247,269 CAD |
| Land Assessment | $441,047 CAD | Total Assessment | $688,315 CAD |
PROPERTY TAXES
Parcel Number
10-00225-0000-00008
Land Assessment
$441,047 CAD
Improvements Assessment
$247,269 CAD
Total Assessment
$688,315 CAD
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Presented by
Premier Brokers Real Estate LLC
414 38th St
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