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Shopping Strip

Two-Tenant Retail (100% Occupancy)

515 Millburn Ave, Millburn, NJ 07078

Listing Price: $1,225,000

Cap Rate
6.25%
Gross SF
3,636
Rentable SF
3,636
Price/Gross SF
$336.91
Lot Size
0.10 acres
Year Built
1951

Investment Overview

Marcus & Millichap is pleased to exclusively present a fully leased retail strip located at 515 Millburn Avenue, Short Hills, Essex County, New Jersey.

Investment Highlights

  • Tenants have Leases in Place with Options and Rental Increases
  • Tenants Reimburse Proportionate Share of Expenses
  • Highly Trafficked Millburn Avenue – Over 13,500 Vehicles Per Day

Exclusively Listed By

Shopping Strip

Two-Tenant Retail (100% Occupancy)

Listing Price: $1,225,000

Cap Rate
6.25%
Gross SF
3,636
Rentable SF
3,636
Price/Gross SF
$336.91
Lot Size
0.10 acres
Year Built
1951

Investment Highlights

  • Tenants have Leases in Place with Options and Rental Increases
  • Tenants Reimburse Proportionate Share of Expenses
  • Highly Trafficked Millburn Avenue – Over 13,500 Vehicles Per Day

Investment Overview

Marcus & Millichap is pleased to exclusively present a fully leased retail strip located at 515 Millburn Avenue, Short Hills, Essex County, New Jersey.

Exclusively Listed By

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