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720 Washington Ave 5,496 SF Retail Building Carlstadt, NJ 07072 $12,954,770 CAD ($2,357.13 CAD/SF) 6.25% Cap Rate
Executive Summary
Around 9 years left on current lease - sale includes improvements as well as ground lease
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
5,496 SF
Building Class
C
Year Built
2013
Price
$12,954,770 CAD
Price Per SF
$2,357.13 CAD
Cap Rate
6.25%
NOI
$810,014 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.26 AC
Zoning
Retail - Service Station Retail
Parking
5 Spaces (0.91 Spaces per 1,000 SF Leased)
Frontage
219’ on Washington Avenue
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 05-00126-0000-00048-0000-HM | Improvements Assessment | $2,778,184 CAD |
| Land Assessment | $1,702,529 CAD | Total Assessment | $4,480,714 CAD |
Property Taxes
Parcel Number
05-00126-0000-00048-0000-HM
Land Assessment
$1,702,529 CAD
Improvements Assessment
$2,778,184 CAD
Total Assessment
$4,480,714 CAD
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