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121-127 Warren

14,202 SF 100% Leased Retail Building Trenton, NJ 08608 £1,892,811 (£133/SF) 7.29% Net Initial Yield

Investment Highlights

  • Fully Leased.
  • Excellent maintenance history
  • Long-term secure tenants: State of New Jersey and State Farm

Executive Summary

For Sale. Don't let this income-producing commercial property pass your portfolio by! Located in downtown Trenton with a 7+% cap rate and fully leased. It is situated in the commercial, government and historical area. Excellent condition brick facade right on the corner of Warren and Lafayette Street on the same block as Starbucks. Three total units, 14,000+ sq/ft, 1 elevator. Incredibly easy access to all major highways, close to restaurants, public transportation, and parking. Spacious and comfortable well-maintained offices (restrooms, conference rooms). 1 street level unit being used for retail. All required inspections/licenses/permits etc. up-to date. Enjoy a turn key investment that is ready to start producing income. For information or showings , call Steve Tsao @ 610-909-4745 or e-mail steve.tsao@foxroach.com

Attachments

Expense & Rent Roll
LPD

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
14,202 SF
Building Class
C
Year Built
1950
Price
£1,892,811
Price Per SF
£133
Net Initial Yield
7.29%
NOI
£138,075
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
HIST - Historic District
Frontage
41 ft on S Warren St
1 of 1
Walk Score ®
Very Walkable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 11-00107-0000-00001 Improvements Assessment £863,718
Land Assessment £154,763 Total Assessment £1,018,481

PROPERTY TAXES

Parcel Number
11-00107-0000-00001
Land Assessment
£154,763
Improvements Assessment
£863,718
Total Assessment
£1,018,481
(484) 318-9082

  • Listing ID: 25793671

  • Date on Market: 26/05/2022

  • Last Updated:

  • Address: 121-127 Warren, Trenton, NJ 08608

The Retail Property at 121-127 Warren, Trenton, NJ 08608 is currently available For Sale. Contact Berkshire Hathaway Fox & Roach Realtors for more information.

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121-127 Warren
(484) 318-9082 x

121-127 Warren

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Robert Marshall

(484) 318-9082

(484) 318-9082

Steve Tsao

(610) 909-4745

(610) 909-4745

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