Agent / Contact:
Marcus and Millichap
Phone: 212-430-5166
Website: Loopnet Listing
30,300 SF Retail Building Offered at $8,750,000 at a 7.34% Cap Rate
1 South Orange Avenue anchored by Ashley Marketplace & Café in South Orange, NJ GLA of 30,300 SF on a .52-acre lot
Second and third floor prime for redevelopment, currently vacant retail but could be converted to residential or office
3-story, 30,300 square foot mixed use property with 65 on-site parking spaces
Anchored by Ashley Marketplace & Café occupying approximately 14,000 SF on a 20-year NN Lease with 14 years remaining with 9% increases every 3 years
Located in the center of town, directly across the street from the South Orange NJT Train Station, along S. Orange Avenue, the main thoroughfare for the town with over 22,600 vehicles per day
Click here for more info.
