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Shopping Neighborhood

Pompton Crossings (Value/Add)

615 NJ-23, Pequannock Township, NJ 07444

Listing Price: $2,750,000

Cap Rate
6.18%
Gross SF
10,951
Rentable SF
10,951
Price/Gross SF
$251.12
Lot Size
1.13 acres
Year Built
1972

Investment Overview

Marcus & Millichap is pleased to exclusively present 615 NJ-23, Pompton Plains, Morris County, New Jersey.

Investment Highlights

  • Upside in Several Below Market Leases w/ Short Term Expirations
  • Smaller Tenant Spaces Help Mitigate Risk to Landlord
  • History of Long-Term Tenancy

Exclusively Listed By

Shopping Neighborhood

Pompton Crossings (Value/Add)

Listing Price: $2,750,000

Cap Rate
6.18%
Gross SF
10,951
Rentable SF
10,951
Price/Gross SF
$251.12
Lot Size
1.13 acres
Year Built
1972

Investment Highlights

  • Upside in Several Below Market Leases w/ Short Term Expirations
  • Smaller Tenant Spaces Help Mitigate Risk to Landlord
  • History of Long-Term Tenancy

Investment Overview

Marcus & Millichap is pleased to exclusively present 615 NJ-23, Pompton Plains, Morris County, New Jersey.

Exclusively Listed By

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