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1105 Memorial Dr 11 926 pi² Commerce de détail Immeuble Asbury Park, NJ 07712 À vendre
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FAITS SAILLANTS DE L'INVESTISSEMENT
- NNN leased to local branch of a global non-profit
- Current rent is approximately 40% below market
- Asbury Park has been a hotbed for investment as home prices have tripled over the past decade
- Property gut renovated for the tenant in 2017
- Nearby development, dining, retail and multifamily generate foot traffic
RÉSUMÉ DE L'ANNONCE
1105-1109 Memorial is a ±11,926 SF single-tenant retail asset in the heart of Asbury Park. The Property is fully leased to ReStore - Monmouth County Habitat for Humanity. The lease is NNN. The tenant is a branch of the global non-profit Habitat for Humanity. The tenant operates the Property as ReStore where it accepts donations and sells a diverse inventory of high-quality furniture and home goods.
Less than a block away, Douglas Development Corporation is planning a 126-unit luxury multi-family development. This is part of a greater development trend. Since 2018, more than 1,075 residential units have been delivered or are slated for delivery in Asbury Park while market rent has increased 40%.
Over the past two decades, Asbury Park has ascended into one of New Jersey’s most desirable destinations. Buoyed by a vibrant music and arts scene and a historic influx of new luxury development, the average home price in Asbury Park has tripled over the past ten years (11.6% annual growth). Asbury Park also features a direct train to New York City, top-rated dining and nightlife options, an iconic beachfront boardwalk and access to an assortment of exclusive social clubs.
Less than a block away, Douglas Development Corporation is planning a 126-unit luxury multi-family development. This is part of a greater development trend. Since 2018, more than 1,075 residential units have been delivered or are slated for delivery in Asbury Park while market rent has increased 40%.
Over the past two decades, Asbury Park has ascended into one of New Jersey’s most desirable destinations. Buoyed by a vibrant music and arts scene and a historic influx of new luxury development, the average home price in Asbury Park has tripled over the past ten years (11.6% annual growth). Asbury Park also features a direct train to New York City, top-rated dining and nightlife options, an iconic beachfront boardwalk and access to an assortment of exclusive social clubs.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Immeuble de commerce
Taille du bâtiment
11 926 pi²
Classe d’immeuble
C
Année de construction
1975
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,65
Taille du lot
0,42 AC
Zonage
BD - Business District
Walk Score®
Un paradis pour un marcheur (93)
Bike Score®
Très cyclable (77)
PRINCIPAUX DÉTAILLANTS À PROXIMITÉ
Impôts fonciers
| Numéro de lot | 04-00302-0000-00007-01 | Évaluation des bâtiments | 1 670 346 $ CAD |
| Évaluation du terrain | 568 192 $ CAD | Évaluation totale | 2 238 538 $ CAD |
Impôts fonciers
Numéro de lot
04-00302-0000-00007-01
Évaluation du terrain
568 192 $ CAD
Évaluation des bâtiments
1 670 346 $ CAD
Évaluation totale
2 238 538 $ CAD
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1105 Memorial Dr
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