Property profile

505 Washington Ave Belleville, NJ 07109

OFF-MARKET
Retail properties & Spaces
12,050 SF
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Property summary

AI-generated overview

This exceptional retail property, located at 505 Washington Ave in Belleville, New Jersey (zip code 07109), offers 12,050 square feet of total space currently available for lease. The property is categorized as a multi-tenant commercial building with two individual suites. Each suite offers flexible space options, with a minimum divisible space of 1,550 square feet and a maximum contiguous space of 10,500 square feet. The entire 12,050 square feet is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire building or for two separate tenants to lease individual suites. The property is situated in Essex County, New Jersey, offering excellent visibility and accessibility. This prime location provides businesses with significant potential for growth and exposure within a thriving community. The property's address is easily accessible and benefits from high foot traffic and convenient access to major transportation routes. This is an ideal opportunity for businesses seeking a prominent retail presence in Belleville. Contact us today to learn more about leasing options and to schedule a viewing.

Property profile

Verified
Property type Retail properties & Spaces
Total area 12,050 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

505 Washington Ave Belleville, NJ 07109
Belleville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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