591 New Brunswick Avenue, Perth Amboy, NJ 08861
sale
$675,000
|
Other
Courtesy Of RE/MAX Competitive Edge
For Sale: Amazing Brick Building with 2 long term established Retail Tenants. 100% Leased. Front Unit is Margarita's Deli, established over 15 years & Rear Unit is Stage 1 Tires also a long term tenant. Goldmine High Traffic location on New Brunswick Ave,Perth Amboy near the Hospital & High Density Apartment Complex next to 7-11 & Family Dollar across from Dominos by Autozone & McDonalds. This 2600 sq ft building has very stable tenants (sq footage from tax records,buyer must verify).Approx Gross Income $59,424. Annual Rent Increase of 3%. Rent is below market. Owner only pays for Taxes & Insurance. Cap Rate 6.74.
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Property Features
- Age: Over 50 Years Old
- Exterior Type: Brick
- Floors: 1
- Heating System: Forced Air
- MLSID: 2706496R
- Roof Type: Flat
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