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328 State Rt 17

7,000 SF 52% Leased Retail Building Carlstadt, NJ 07072 £3,156,000 (£451/SF) 7% Net Initial Yield

Executive Summary

+/- 7000 SFt (dividable ) with 29 parking sport for lease in Route 17 in Carltstadt. close to Lincoln Tunnel, NJ Turnpike and Parkway. Permitted Uses. Within any commercial zone,
Hotels, retail service, office, retail service store, food supermarket (with town Approvals), professional office, discount
store, variety store, confectionery, shop of a plumber, electrician or similar
trades person, cleaning, pressing and tailoring operations

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Retail
Building Size
7,000 SF
Building Class
B
Year Built
2024
Construction Status
Under Construction
Price
£3,156,000
Price Per SF
£451
Net Initial Yield
7%
NOI
£220,920
Percent Leased
52%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.23
Land Acres
0.69 AC
Zoning
C - commercial zone,Hotels, retail service, office, retail service store, food supermarket (with town Approvals), professional office, discount Store
Frontage
105 ft on New Jersey 17

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 6,500 SF
  • Retail
  • -
  • Feb 2025
Space Size Space Use Position Available
1st Floor 6,500 SF Retail - Feb 2025

1st Floor

Size
6,500 SF
Space Use
Retail
Position
-
Available
Feb 2025
Walk Score ®
Very Walkable (79)
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.®

Nearby Major Retailers

Chase Bank
Tim Hortons
Chili's Grill & Bar
Orangetheory Fitness
Starbucks
Five Guys
ALDI
UFC Gym
Charlie Brown's Fresh Grill
TD Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-00107-0000-00015
Land Assessment
£426,060
Improvements Assessment
£0
Total Assessment
£426,060
  • Listing ID: 24519532

  • Date on Market: 19/11/2021

  • Last Updated:

  • Address: 328 State Rt 17, Carlstadt, NJ 07072

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