1822 N Olden Avenue, Ewing, NJ 08638
Updated retail/restaurant space with ample parking in Ewing, NJ.
- Added:
- Sep 6, 2024
- Days on Market:
- 644
- Last Refresh:
- May 19 at 11:56 pm
Property Features for 1822 N Olden Avenue
General Information
- Standard status
- Active
- Size
- 3,480 SF
- Lot size
- 0.41 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 2015
Listing agent Felix Tamayo License #1328795 (800) 299-2129
Listing office C21/ Action Plus Realty (800) 299-2129
Listing date Sep 6, 2024
Source Exitrealty
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All listing content including descriptions, pricing, images are the copyrighted material of C21/ Action Plus Realty
HighLights
- Over 3000 sq ft of commercial space suitable for retail or restaurant use.
- Ample parking for customers.
- Prime location in Ewing, NJ.
- Modern amenities.
- Updated space.
- Built in 2015.
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $78.1k | $22.44 |
| − Vacancy | −$3.7k | −$1.08 |
| EGI | $74.3k | $21.36 |
| − OpEx | −$18.6k | −$5.34 |
| NOI | $55.8k | $16.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Ewing
- County
- Mercer
- State
- New Jersey
- Longitude
- -74.7738
- Latitude
- 40.2499