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6 Hilltop Rd 6,342 SF 100% Leased Retail Building Mendham, NJ 07945 $2,005,901 CAD ($316.29 CAD/SF) 7.32% Cap Rate
INVESTMENT HIGHLIGHTS
- Block: 1501, Lot: 41
- Location: Located within Mendham’s Historic Business district, a nationally recognized area listed on the National Register of Historic Places
- Tenant Mix: Quality neighborhood tenants
- Zoning: Historic Business District
- 100% fully leased: Providing immediate and consistent cash flow
- Parking: 21 onsite parking spaces plus direct access to an adjacent municipal lot, supporting customer traffic
EXECUTIVE SUMMARY
The property is a mixed-use commercial property consisting of three buildings with a total of seven commercial suites and one residential unit, allowing for a combination of retail, office, and residential occupancy. Current NOI: $106,102.45
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,342 SF
Building Class
C
Year Built
1900
Price
$2,005,901 CAD
Price Per SF
$316.29 CAD
Cap Rate
7.32%
NOI
$146,780 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.46 AC
Zoning
B - Historic Business District
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 18-01501-0000-00041 | Improvements Assessment | $511,976 CAD |
| Land Assessment | $809,702 CAD | Total Assessment | $1,321,678 CAD |
PROPERTY TAXES
Parcel Number
18-01501-0000-00041
Land Assessment
$809,702 CAD
Improvements Assessment
$511,976 CAD
Total Assessment
$1,321,678 CAD
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6 Hilltop Rd
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