Union Avenue Retail Center | 310 Union Ave
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Union Avenue Retail Center 310 Union Ave
25,000 SF 100% Leased Retail Building Rutherford, NJ 07070 £5,946,620 (£238/SF) 6.57% Net Initial Yield
Investment Highlights
- All Tenants have Triple Net Leases and Annual Rental Increases
- Less than One Mile to the NJ Transit Rutherford Train Station
- Large Parking Lot in Rutherford with 111 Spaces
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
25,000 SF
Building Class
B
Year Built
1925
Price
£5,946,620
Price Per SF
£238
Net Initial Yield
6.57%
NOI
£390,802
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.25
Land Acres
2.30 AC
Zoning
R-1
Parking
110 Spaces (3.6 Spaces per 1,000 SF Leased)
Frontage
158 ft on Union Ave
Nearby Major Retailers
1 of 18
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Union Avenue Retail Center | 310 Union Ave
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