1392 St Georges Ave Woodbridge Township, NJ 07001
- Retail properties
- 13,082 SF
- 1.03 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1392 St Georges Ave
- Lot size
- 1.03 lot acres
- Property size
- 13,082 SF
- Property type
- Retail properties
Description
This exceptional 13,082 square foot retail property, located at 1392 St Georges Ave in Woodbridge Township, New Jersey (07001), presents a compelling investment opportunity. Currently 100% occupied, the center boasts a strong anchor tenant, Dollar Tree, and generates a substantial net operating income (NOI) of $185,000, resulting in an attractive 5.61% capitalization rate. The asking price is $3,300,000. Situated on a 1.03-acre lot, the property benefits from recent renovations including a new roof and updated parking lot. The existing tenants have made substantial improvements, demonstrating their long-term commitment to the center. Below-market rents offer significant potential for future income growth. The property is professionally managed, ensuring efficient operations and maximizing returns. This well-maintained, high-occupancy retail center represents a rare opportunity to acquire a stable, income-producing asset in a desirable New Jersey location. The property's strong tenant mix, recent renovations, and potential for rent increases make it an ideal addition to any investment portfolio. Contact us today to learn more about this exceptional investment opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Woodbridge Township
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.2915
- Latitude
- 40.5859
