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    OFF-MARKET
    Retail properties & Spaces

    0 Undisclosed, Woodbridge Township, NJ 07001

    5,000 SF 0.09 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional Class A retail property in Avenel, New Jersey, presents a lucrative investment opportunity. Located in Woodbridge Township, Middlesex County (zip code 07001), this single-story building sits on approximately 0.09 to 1.1 acres of land and boasts 5,000 square feet of net rentable space. Currently operating at 100% occupancy with a franchisee tenant, the property offers a strong net operating income (NOI) of $119,000, resulting in a compelling 4.03% cap rate. The asking price is $2,950,000, translating to $590 per square foot. The property is zoned for convenience store, quick-service restaurant (QSR), and restaurant uses. Ample parking is available with 65 spaces. The lease is a triple-net (NNN) lease with zero years remaining, presenting an opportunity for immediate repositioning or continued operation under the existing tenant. The property features a single building with one story and is suitable for a variety of retail and food service concepts. Do not disturb the existing tenant. This is a corporate-owned property.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 5,000 SF
    Lot 0.09 ac (3,920 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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