Listing Agency: Sitar Realty Company Iselin

Listed By: William Sitar Jr. · License #NJ 321841 Show Phone

Source: Crexi

Added: Apr 10 Changed: Sep 4 Last Checked: Sep 4 at 3:58AM

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Investment Insights

Based on property information with market context.

This NNN retail building is fully leased and being offered for sale. The property is structured as a net lease asset, with the purchase identified as suitable for a 1031 exchange.

The offering is located at 115 Cedar Lane in Teaneck, New Jersey. Further details regarding unit configuration, tenant mix, and lease terms were not provided in the available materials.

Key Highlights

• NNN retail building for sale
• Property is fully leased
• Suitable for a 1031 exchange

Property Analytics

Property Profile

Current Use

Joseph A. Rizzi, RPh Pharmacy

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Furniture & Home Goods Storage Facility (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%

Occupancy

Location Intelligence

Trade Area within ½ mile

1,907

Businesses Nearby

Explore this area Business Placement

Demographics for 07666, NJ

41,246

Population

13,851

Households

3

Avg Household Size

41

Median Age

54%

College-Educated

93%

High-School Grad

6.0 sq mi

ZIP Area

6,874

Density / Sq Mi

$134,311

Median Household Income

$59,144

Median Earnings

$1,850

Median Rent

$496,400

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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What type of property is this? Where is this nnn properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

NNN property - NNN retail building is fully leased and offered for sale, including suitability for a 1031 exchange.

Where is this nnn property located?

The property is located at 115 Cedar Lane Teaneck, NJ.

What are key features of this property?

This property features: NNN retail building for sale; Property is fully leased; Suitable for a 1031 exchange