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Type: Retail

351 Bloomfield Avenue - Caldwell, NJ

1 2 3 4

PROPERTY ID#:	50247
PRICE:	$4,100,000 $4,000,000
LOT SIZE:
PRIMARY TYPE:	Retail
SUB-TYPE:
CAP RATE:	7.11%
NOI:
BUILDING SIZE:

Contact Broker

Michael Kestin

Basic Member

Marcus & Millichap

P: 201-315-0603

Description More Details

351-357 and 359 Bloomfield Avenue is a single story multi-tenant infill retail property totalling 16,675 square feet. It is 100% occupied, with tenants such as H&R Block, Minute Man Press, and Edible Arrangements. The property has both off street and on street parking, and is situated at the signaled corner of Park Avenue and Bloomfield Avenue.The property is an ideal investment for first time buyers, 1031 exchange buyers, or apartment owners looking to move from a management intensive property into a Net, Net situation. The property, as currently positioned, requires little management...

Type: Retail Size: 4,800 sf

Downlown Caldwell - Caldwell, NJ

1 2

PROPERTY ID#:	50530
PRICE:	$950,000
LOT SIZE:	0 acres
PRIMARY TYPE:	Retail
SUB-TYPE:
CAP RATE:	.65%
NOI:
BUILDING SIZE:	4,800 sf

Contact Broker

Michael Kestin

Basic Member

Marcus & Millichap

P: 201-315-0603

Description More Details

The offering consists of a building totaling 4,800 square feet located on Bloomfield Avenue, in Caldwell, Essex County, N.J. The building is a single story retail building 33 percent occupied. The current tenant is a Japanese Restaurant, which as been in the location for many years. The lease expires May 2009 and the rent is well under market.The building is right in the heart of the shopping district located at a heavily trafficked downtown street with excellent visual exposure.This investment is ideal for a hands on investor interested in a strong return and upside through aesthetic...

1 SPONSORED BROKER

William Bonn

Century 21 Cedarcrest Realty

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