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For Sale: Amazing Brick Building with 2 long term established Retail Tenants. 100% Leased. Front Unit is Margaritas Deli, established over 15 years & Rear Unit is Stage 1 Tires also a long term tenant. Goldmine High Traffic location on New Brunswick Ave,Perth Amboy near the Hospital & High Density Apartment Complex next to 7-11 & Family Dollar across from Dominos by Autozone & McDonalds. This 2600 sq ft building has very stable tenants (sq footage from tax records,buyer must verify).Approx Gross Income $59,424. Annual Rent Increase of 3%. Rent is below market. Owner only pays for Taxes & Insurance. Cap Rate 6.74.
Listed By
Agency Name: RE/MAX COMPETITIVE EDGE
Shown By
Agency Title: Hallmark Realtors
Agency Phone: (732) 574-9400
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