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75 US-206
Stanhope, NJ 07874

Retail Property For Sale

Investment Highlights

  • NEW 20-YEAR TERM
  • Highly Visible Signaled Corner Parcel Along Route 206
  • Across from High-Performing ShopRite Center with 2M Annual Customer Visits

Executive Summary

Brand new 20 year lease.
10% increases every five.
Across from high performing ShopRite Center.

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Service Station
Building Size
5,585 SF
Building Class
B
Year Built
2025
Construction Status
Under Construction
Price
£4,229,411
Price Per SF
£757
Net Initial Yield
5.15%
NOI
£217,815
Tenancy
Single
Number of Floors
1
Building FAR
0.05
Lot Size
2.55 AC
Zoning
V-B
Parking
47 Spaces (8.42 Spaces per 1,000 SF Leased)

Amenities

  • Pylon Sign
 

  • Listing ID: 33398578

  • Date on Market: 03/10/2024

  • Last Updated:

  • Address: 75 US-206, Stanhope, NJ 07874

The Retail Property at 75 US-206, Stanhope, NJ 07874 is currently available for sale. Contact Marcus & Millichap for more information.

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