Saint Georges Ave Rahway, NJ 07065

Property Details for Saint Georges Ave

Year built

1900

Lot size

0.16 lot acres

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a renovated professional building situated on a 0.16-acre lot in a high-visibility location on Saint Georges Avenue, Rahway, NJ. The property, boasting a strong lease history, is currently under lease until June 30th, 2026, with a five-year renewal option, ensuring a consistent income stream for the investor. Renovated in 2011, the building features modern amenities including a two-zone heating and central air conditioning system, contributing to both tenant comfort and operational efficiency. A recent professional appraisal has been conducted, further solidifying the property's value and investment potential. The building offers a compelling return for investors, with a projected cap rate of 8.9%. This property is an ideal addition to any commercial real estate portfolio, providing both immediate income and long-term growth prospects. The prime location on Saint Georges Avenue ensures high visibility and accessibility, making it an attractive proposition for a wide range of businesses. The existing lease agreement and renewal option provide stability and predictability, minimizing risk and maximizing returns. This is a rare opportunity to acquire a well-maintained, high-performing commercial property in a desirable location. Serious inquiries are encouraged.