2053 Lemoine Ave Fort Lee, NJ 07024
Income-producing retail building in prime Fort Lee location.
Property Features for 2053 Lemoine Ave
General Information
- Standard status
- Active
Source:
Corcoran
Listing Agency: ALPINE MC REALTY LLC Listing Agent: Woo Choi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Renovated Retail Building in Fort Lee
This newly renovated, free-standing retail building is located in a prime area of Fort Lee, near numerous high-rise buildings and a retail mall. A hotel is planned for construction across the street. The property is income-producing with a cap rate of 5.4%. The first floor is leased to Woori America, generating $41,140 per month under a NNN lease until June 30, 2043. The second floor is occupied by Hudson Manor, contributing $30,000 per month under a NNN lease that runs through April 30, 2041. There are 38 parking spaces available on-site.
Location Intelligence
Current Use by Public Records
Storefront properties
Similar Places Nearby
Peonia Atelier
Location Insight
- Map
- Local Demand
- City
- Fort Lee
- County
- Bergen
- State
- New Jersey
- Longitude
- -73.9691847
- Latitude
- 40.8529641
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Income-producing retail building in prime Fort Lee location.
Where is this storefront property located?
The property is located at 2053 Lemoine Ave Fort Lee, NJ.
What are key features of this property?
This property features: - High income-producing property with an attractive 5.4% cap rate.; - Long-term NNN leases in place with Woori America ($41,140/month until 06/30/2043) and Hudson Manor ($30,000/month until 04/30/2041).; - Prime location in Fort Lee near high-rise buildings, a retail mall, and a future hotel.
