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Shopping Community

The Shoppes at Flemington (Leasehold)

100 Reaville Ave, Flemington, NJ 08822

Listing Price: $7,820,000

Cap Rate
9.75%
Gross SF
130,613
Rentable SF
130,613
Price/Gross SF
$59.87
Lot Size
20.89 acres
Year Built
2008

Investment Overview

Marcus & Millichap is pleased to exclusively present The Shoppes at Flemington, a 130,613 square foot shopping center located at 100 Reaville Avenue, Flemington

Investment Highlights

  • Majority of Tenants on Net Leases with Structured Rent Increases
  • Over 28,000 Square Feet of Leasing Done Post-Covid and 55,000 Square Feet of Renewals
  • Staggered Lease Expirations Mitigates Landlord Risk

Exclusively Listed By

Shopping Community

The Shoppes at Flemington (Leasehold)

Listing Price: $7,820,000

Cap Rate
9.75%
Gross SF
130,613
Rentable SF
130,613
Price/Gross SF
$59.87
Lot Size
20.89 acres
Year Built
2008

Investment Highlights

  • Majority of Tenants on Net Leases with Structured Rent Increases
  • Over 28,000 Square Feet of Leasing Done Post-Covid and 55,000 Square Feet of Renewals
  • Staggered Lease Expirations Mitigates Landlord Risk

Investment Overview

Marcus & Millichap is pleased to exclusively present The Shoppes at Flemington, a 130,613 square foot shopping center located at 100 Reaville Avenue, Flemington

Exclusively Listed By

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