1910 Washington Valley Rd, Martinsville, NJ 08836
Conventional restaurants
- Added:
- Oct 23, 2024
- Days on Market:
- 616
- Last Refresh:
- May 20 at 2:17 am
Property Features for 1910 Washington Valley Rd
General Information
- Standard status
- Active
- Size
- 950 SF
- Property subtype
- Commercial/Industrial
Listing office REALSOPHY REAL ESTATE (908) 229-6704
Listing date Oct 23, 2024
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of REALSOPHY REAL ESTATE
HighLights
- Established, Profitable Business: Turnkey restaurant with a loyal customer base and strong local reputation.
- Prime Location: High‑traffic location in Martinsville.
- Fully Equipped: Kitchen and dining area are fully equipped and stocked.
- Inventory and Equipment Included: Sale includes all inventory and equipment.
- Training Provided: Owners will provide training to ensure a smooth transition.
- Growth Potential: Opportunities to expand menu, catering, and revenue streams.
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 | $20.5k | $21.60 |
| − Vacancy | −$1.1k | −$1.21 |
| EGI | $19.4k | $20.39 |
| − OpEx | −$4.8k | −$5.10 |
| NOI | $14.5k | $15.29 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Martinsville
- County
- Somerset
- State
- New Jersey
- Longitude
- -74.5645
- Latitude
- 40.6029
