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Lakewood center 6520 US Highway 9 21,350 SF Retail Building Howell, NJ 07731 $10,715,413 CAD ($501.89 CAD/SF)
Executive Summary
Value added deal. Ideal for an owner-user or investor, this property consists of two structures: a retail building with excellent frontage and visibility along Route 9 and a warehouse located in the rear of the property. Short term leases. Huge potential to increase rents due to current leases being below market. The retail building is currently divided into 7 units but can be reconfigured to accommodate an owner-user and has a new roof, installed October 2022 with a 20 year NDL warranty. The warehouse is currently divided into 2 units, 3,125 SQFT each. 6,250 SQFT of warehouse space total. The warehouse has been recently renovated and includes five overhead doors, office space with A/C, restrooms, and heating. Recent renovations include:
- New parking lot
- New lighting for parking lot
- New detention pond
- Warehouse renovated 2025
Each retail unit is individually metered for electric and water. The warehouse is metered for up to 2 tenants. All offers should be put in writing to abe612@gmail.com Please include the following information:
- If you are making a cash offer or if you will be financing. If financing please specify if you are already approved.
- How much time you require for inspection and due diligence
- Closing date
- Contact information
All information must be independently verified by buyer, seller makes no representations.
- New parking lot
- New lighting for parking lot
- New detention pond
- Warehouse renovated 2025
Each retail unit is individually metered for electric and water. The warehouse is metered for up to 2 tenants. All offers should be put in writing to abe612@gmail.com Please include the following information:
- If you are making a cash offer or if you will be financing. If financing please specify if you are already approved.
- How much time you require for inspection and due diligence
- Closing date
- Contact information
All information must be independently verified by buyer, seller makes no representations.
Data Room Click Here to Access
- Operating and Financials
- Third Party Reports
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
21,350 SF
Building Class
B
Year Built
1976
Price
$10,715,413 CAD
Price Per SF
$501.89 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
3.63 AC
Zoning
HD1, Howell Twp - Highway Development 1
Parking
100 Spaces (4.68 Spaces per 1,000 SF Leased)
Frontage
232’ on State Highway 9
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 21-00071-0000-00015 | Improvements Assessment | $1,574,077 CAD |
| Land Assessment | $1,220,925 CAD | Total Assessment | $2,795,001 CAD |
Property Taxes
Parcel Number
21-00071-0000-00015
Land Assessment
$1,220,925 CAD
Improvements Assessment
$1,574,077 CAD
Total Assessment
$2,795,001 CAD
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Abe Green
Lakewood center | 6520 US Highway 9
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