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6 Park Ave 4,116 SF 100% Leased Retail Building Rutherford, NJ 07070 $894,283 CAD ($217.27 CAD/SF) 6.16% Cap Rate
Investment Highlights
- Fire alarm system upgraded
- Located very close to the NJ Transit Rutherford Station (Main/Bergen/Port Jervis line)
- Located on a busy corner
Executive Summary
Owner financing available.
Property Facts
Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Convenience Store
Building Size
4,116 SF
Building Class
C
Year Built
1900
Price
$894,283 CAD
Price Per SF
$217.27 CAD
Cap Rate
6.16%
NOI
$55,054 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
5.49
Lot Size
0.02 AC
Zoning
B3 - Retail
Parking
10 Spaces (2.43 Spaces per 1,000 SF Leased)
Frontage
19’ on Park Ave
Amenities
- Bus Line
- Signage
About 6 PARK AVE , RUTHERFORD, NJ 07070
+/-2,058 sq. ft. convenience store on 1st floor. Available 11/30/2027 +/-2,058 sq. ft. apartment on 2nd floor available immediately
Exceptionally walkable
90/100
Exceptionally drivable
90/100
Exceptional public transit
90/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 56-00076-0000-00018 | Improvements Assessment | $221,507 CAD |
| Land Assessment | $152,991 CAD | Total Assessment | $374,498 CAD |
Property Taxes
Parcel Number
56-00076-0000-00018
Land Assessment
$152,991 CAD
Improvements Assessment
$221,507 CAD
Total Assessment
$374,498 CAD
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6 Park Ave
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