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439-451 S Broad St

25,000 SF 93% Leased Retail Building Trenton, NJ 08611 £1,512,384 (£60/SF) 9% Net Initial Yield

Investment Highlights

  • There is ample parking with over 45 spaces available.
  • This area is very walkable with a score of 83.
  • Only a 7 minute walk to the Hamilton Avenue Transit Stop!
  • Surrounded by strong demographics including an average daytime employee count reaching 111,178 employees within a 5 mile radius.

Executive Summary

This is available for lease as well. It is located near local restaurants, markets and CURE Insurance Arena.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
25,000 SF
Building Class
B
Year Built/Renovated
1950/2001
Price
£1,512,384
Price Per SF
£60
Net Initial Yield
9%
NOI
£136,115
Percent Leased
93%
Tenancy
Multiple
Number of Floors
3
Building FAR
2.61
Lot Size
0.22 AC
Opportunity Zone
Yes
Zoning
BB - Business
Frontage
76 ft on South Broad Street

About 439-451 S Broad St , Trenton, NJ 08611

This is a 25,000 square foot retail and office building located in the Trenton Submarket. It has 3 stories and is situated on 0.22 acres of land in a BB zoning district. This property is across from the Cure Insurance Arena, located at a primary gateway to the Capital City off of Route 129 and Route 1. There is easy access to suburban areas, with a prominent city address.

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 91
  • 463 SF
  • Office/Retail
  • -
  • Now
  • 208
  • 1,304 SF
  • Office
  • -
  • Now
Space Size Space Use Position Available
91 463 SF Office/Retail - Now
208 1,304 SF Office - Now

91

Size
463 SF
Space Use
Office/Retail
Position
-
Available
Now

208

Size
1,304 SF
Space Use
Office
Position
-
Available
Now

91

Size 463 SF
Space Use Office/Retail
Position -
Available Now

Walk Score ®
Very Walkable (80)
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
YMCA
Bank of America
Blimpie America's Sub Shop
PNC Bank
TD Bank
Checkers Food & Spirits
Starbucks
Santander
Rent-A-Center

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-10201-0000-00020
Land Assessment
£197,713
Improvements Assessment
£281,839
Total Assessment
£479,552
  • Listing ID: 12860414

  • Date on Market: 21/12/2012

  • Last Updated:

  • Address: 439-451 S Broad St, Trenton, NJ 08611

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