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206 Main St
Orange, NJ 07050

Snipes · Retail Property For Sale

Investment Highlights

  • Corporate Guarantee From Snipes - a German Based Streetwear Retailer
  • Excellent Location on Main Street
  • Easy Access to Route 280 and the Garden State Parkway
  • Snipes Operates Over 450 Locations in Europe and the United States
  • Over 350,000 People Living Within a 3-Mile Radius with Average Household Income Over $87,000
  • Nearby National Retailers Include: Wawa, McDonald's, Chase Bank, Wendy's, PNC Bank, Dunkin', and Taco Bell

Executive Summary

Rare Single Tenant Net Leased Property in Essex County New Jersey

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
13,500 SF
Building Class
C
Year Built
2000
Price
£1,302,438
Price Per SF
£96
Net Initial Yield
7.75%
NOI
£100,939
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
2.00
Lot Size
0.15 AC
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
4A - Commercial
Frontage
55 ft on Main St

PROPERTY TAXES

Parcel Number 17-02902-0000-00015 Improvements Assessment £618,758
Land Assessment £400,750 Total Assessment £1,019,508

PROPERTY TAXES

Parcel Number
17-02902-0000-00015
Land Assessment
£400,750
Improvements Assessment
£618,758
Total Assessment
£1,019,508
 

  • Listing ID: 34171216

  • Date on Market: 12/12/2024

  • Last Updated:

  • Address: 206 Main St, Orange, NJ 07050

The Retail Property at 206 Main St, Orange, NJ 07050 is currently available for sale. Contact Marcus & Millichap for more information.

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