Gluten-Free Restaurant
For Sale
$450,000
192 Diamond Bridge Ave, Hawthorne, NJ 07506
Active bakery business includes equipment, customer records, and established digital brand assets.
Property Size1,500 SF
Price / SF$300
Days on Market17
Property Features for 192 Diamond Bridge Ave
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Business Opportunity
Additional Details
Business Included
Yes
Equipment Included
Yes
Listing Agency:
EXIT SOLGAR REALTY
(973) 282-8642
Listed By:
OLGA CLAVIJO · License #273630
Source:
Luminancerealty
Added: Aug 15
Changed: Aug 30
Last Checked: Aug 30 at 9:13PM
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 EXIT SOLGAR REALTY
Investment Insights
Based on property information with market context.
An active gluten-free bakery business is available at 192 Diamond Bridge Ave in Hawthorne Boro, New Jersey. The operation has been in business for 12 years and is being offered with its operating assets and brand materials.
The sale includes all equipment, the book of business, financial records and receipts, website, trademark, and active social media accounts. The property information identifies the business as an active conventional restaurant operation and notes that visits require an appointment.
The sale includes all equipment, the book of business, financial records and receipts, website, trademark, and active social media accounts. The property information identifies the business as an active conventional restaurant operation and notes that visits require an appointment.
Key Highlights
- 12‑year gluten‑free bakery business
- Sale includes all equipment and the book of business
- Website, trademark, and active social media accounts included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,939
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.10%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$458,780
$458.8K
Cap Rate 7%
$327,700
$327.7K
Cap Rate 9%
$254,878
$254.9K
Market Conditions
NOI Build-Up for 1,500 SF
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.
Gross rent
$32.4K $21.60/SF
− Vacancy
−$1.8K −$1.21/SF
EGI
$30.6K $20.39/SF
− OpEx
−$7.6K −$5.10/SF
NOI
$22.9K $15.29/SF
Area
Passaic County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$458,780
Cap Rate 7%
$327,700
Cap Rate 9%
$254,878
Alternative Uses
Best Use
Specialty Retail
$327.7K
$286.7K – $382.3K
NOI $22,939 @ 7.0% cap · market cap 5.10%
Second Best
Industrial
$240.5K
$210.5K – $280.6K
NOI $16,836 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$391.7K
$342.7K – $457.0K
NOI $27,418 @ 7.0% cap · market cap 6.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,070
Businesses Nearby
16k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 82%
Apparel 10%
Dining 9%
Chase Bank
Shops & Services
7,976 visits/mo
0.1 miles
Wells Fargo
Shops & Services
2,757 visits/mo
0.4 miles
Columbia Bank
Shops & Services
2,314 visits/mo
0.5 miles
DTLR/VILLA
Apparel
1,520 visits/mo
0.4 miles
SUBWAY
Dining
1,375 visits/mo
0.1 miles
Demographics for 07506, NJ
19,637
Population
8,033
Households
2.4
Avg Household Size
42
Median Age
45%
College-Educated
95%
High-School Grad
3.3 sq mi
ZIP Area
5,951
Density / Sq Mi
$118,093
Median Household Income
$62,495
Median Earnings
$1,828
Median Rent
$499,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Active bakery business includes equipment, customer records, and established digital brand assets.
Where is this conventional restaurant located?
The property is located at 192 Diamond Bridge Ave Hawthorne, NJ.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 12‑year gluten‑free bakery business; Sale includes all equipment and the book of business; Website, trademark, and active social media accounts included
