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Shopping Strip

Morris Turnpike Strip Center

688 Morris Tpke, Short Hills, NJ 07078

Listing Price: $7,650,000

Cap Rate
6.03%
Gross SF
10,070
Rentable SF
10,070
Price/Gross SF
$759.68
Lot Size
0.80 acres
Year Built
1959

Investment Overview

Marcus & Millichap is pleased to exclusively present the Morris Turnpike Strip Center located on 688 Morris Turnpike in Millburn, New Jersey.

Investment Highlights

  • Short Hills is One of the Most Exclusive High-End Towns in All of New Jersey With Incredible Demographics – One-Mile Average Annual Household Income Exceeds $209,000
  • Four Tenants All on NNN Leases With the Tenant Responsible for Their Proportionate Share of Taxes, Insurance and CAM
  • Tremendous Location at the T-Intersection of Morris Turnpike and Cleveland Place with Incredible Visibility Especially for Oncoming Traffic Waiting at the Traffic Light on Cleveland Place

Exclusively Listed By

Financing By

Shopping Strip

Morris Turnpike Strip Center

Listing Price: $7,650,000

Cap Rate
6.03%
Gross SF
10,070
Rentable SF
10,070
Price/Gross SF
$759.68
Lot Size
0.80 acres
Year Built
1959

Investment Highlights

  • Short Hills is One of the Most Exclusive High-End Towns in All of New Jersey With Incredible Demographics – One-Mile Average Annual Household Income Exceeds $209,000
  • Four Tenants All on NNN Leases With the Tenant Responsible for Their Proportionate Share of Taxes, Insurance and CAM
  • Tremendous Location at the T-Intersection of Morris Turnpike and Cleveland Place with Incredible Visibility Especially for Oncoming Traffic Waiting at the Traffic Light on Cleveland Place

Investment Overview

Marcus & Millichap is pleased to exclusively present the Morris Turnpike Strip Center located on 688 Morris Turnpike in Millburn, New Jersey.

Exclusively Listed By

Financing By

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