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Single-Tenant NNN Automotive Property
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480-494 Grove Street, Irvington, NJ 07111

Occupied collision-repair facility with dedicated yard area for vehicle storage, staging, and circulation.

Property Size5,353 SF
Lot Size0.46 Acres
Price / SF$522.98
Days on Market12

Property Features for 480-494 Grove Street

General Information

Standard status Active
Size 5,353 SF
Lot size 0.46 Acres
Property subtype Retail, Industrial
Occupancy 100%

Site & Location

Road Access Yes
Outdoor Storage Yes

Building Details

Tenancy Single
Listing Agency: TD Commercial Group
Listed By: Carlos Alonso · License #FL SL3382569
Source: Crexi
Added: Sep 1 Changed: Sep 9 Last Checked: Sep 12 at 3:42AM

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 TD Commercial Group

Investment Insights

Based on property information with market context.

This single-tenant automotive property in Irvington, New Jersey, contains approximately 5,353 square feet of building area across five contiguous parcels totaling approximately 19,804 square feet, or 0.455 acres. Caliber Collision occupies the facility for auto-body repair, paint, glass, diagnostic, and related automotive services. Three parcels function primarily as land and operational yard area, supporting vehicle storage, staging, and circulation. Building coverage is approximately 27%, with a 3.70:1 land-to-building ratio.

The lease began in December 2023 and runs through December 31, 2038. Structured as an absolute NNN investment, the lease assigns property operating expenses to the tenant under the executed agreement. The property is located within the New York–Newark metropolitan area and a Northern New Jersey trade area with approximately 61,297 residents within one mile and 828,871 residents within five miles.

Key Highlights

  • Approximately 5,353 SF building on five contiguous parcels totaling approximately 19,804 SF
  • 0.455‑acre assembled site with approximately 27% building coverage
  • Three parcels provide operational yard area for vehicle storage, staging, and circulation

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Skin Care Clinic

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
Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,048
Businesses Nearby
8k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Conoco Shops & Services
7,032 visits/mo 0.2 miles
Caliber Collision Shops & Services
706 visits/mo 0.1 miles

Demographics for 07111, NJ

61,176
Population
24,176
Households
2.5
Avg Household Size
36
Median Age
22%
College-Educated
86%
High-School Grad
2.9 sq mi
ZIP Area
21,095
Density / Sq Mi
$59,232
Median Household Income
$37,640
Median Earnings
$1,324
Median Rent
$291,500
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
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Frequently Asked Questions

What type of property is this?
NNN property - Occupied collision-repair facility with dedicated yard area for vehicle storage, staging, and circulation.
Where is this nnn property located?
The property is located at 480-494 Grove Street Irvington, NJ.
What is the asking price?
The asking price for this property is $2,799,500.
What are key features of this property?
This property features: Approximately 5,353 SF building on five contiguous parcels totaling approximately 19,804 SF; 0.455‑acre assembled site with approximately 27% building coverage; Three parcels provide operational yard area for vehicle storage, staging, and circulation
More about this property
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