Freestanding NNN Property with
New
For Sale
$2,350,000
85 Walnut St, Montclair, NJ 07042
Two-story commercial building occupied by a full-service dog care and training operator under an NNN lease.
Property Size7,998 SF
Price / SF$293.82
Days on Market4
Property Features for 85 Walnut St
General Information
Standard status
Active
Size
7,998 SF
Property subtype
Commercial
Additional Details
Gross Income
$146,400
Taxes and HOA fees
Annual Taxes
$66,610
Amenities
Central air
4+ Units Cooling
4+ Units Heating
Blacktop Driveway
Flat Roof
Forced Hot Air Heating
Hard Surface
Level Lot
Multi-Zone Cooling
Multi-Zone Heating
Off-Street Parking
Parking Lot-Exclusive
Building Details
Year Built
2005
Buildings
1
Stories
2
Tenancy
Single
Listing Agency:
GILSENAN & CO.
(201) 445-1600
Listed By:
WILLIAM F. GILSENAN JR.
Source:
Corcoran
Added: Aug 28
Changed: Aug 31
Last Checked: Aug 31 at 6:18PM
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 GILSENAN & CO.
Investment Insights
Based on property information with market context.
Built in 2005, this freestanding two-story commercial property contains 7,998 square feet and includes on-site parking. The building is occupied by Pups at Play, a full-service dog daycare, boarding, grooming, and training business owned by Destination Pet, which operates more than 160 locations. A new 7.5-ton HVAC system supports the building, which is described as well maintained.
The property sits adjacent to the Montclair Walnut St Train Station on NJ Transit’s Montclair-Boonton Line, with service to mid-town direct and Hoboken destinations. The existing NNN lease is in year 7 of a 10-year term and expires 3/31/29, with five-year options available. The single-tenant configuration and established operating use provide a defined commercial occupancy profile.
The property sits adjacent to the Montclair Walnut St Train Station on NJ Transit’s Montclair-Boonton Line, with service to mid-town direct and Hoboken destinations. The existing NNN lease is in year 7 of a 10-year term and expires 3/31/29, with five-year options available. The single-tenant configuration and established operating use provide a defined commercial occupancy profile.
Key Highlights
- 7,998 SF freestanding two‑story building constructed in 2005
- Single‑tenant occupancy by Pups at Play, owned by Destination Pet
- NNN lease in year 7 of a 10‑year term, expiring 3/31/29
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,206
Businesses Nearby
Explore this area
Business Placement
Demographics for 07042, NJ
27,384
Population
11,682
Households
2.3
Avg Household Size
39
Median Age
67%
College-Educated
96%
High-School Grad
3.8 sq mi
ZIP Area
7,206
Density / Sq Mi
$127,083
Median Household Income
$75,856
Median Earnings
$2,017
Median Rent
$733,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Two-story commercial building occupied by a full-service dog care and training operator under an NNN lease.
Where is this nnn property located?
The property is located at 85 Walnut St Montclair, NJ.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: 7,998 SF freestanding two‑story building constructed in 2005; Single‑tenant occupancy by Pups at Play, owned by Destination Pet; NNN lease in year 7 of a 10‑year term, expiring 3/31/29
