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Shopping Strip

Metro Plaza

179 South St, Freehold, NJ 07728

Listing Price: $6,600,000

Cap Rate
7.00%
Gross SF
28,191
Rentable SF
28,191
Price/Gross SF
$234.12
Lot Size
2.59 acres
Year Built
1954

Investment Overview

Marcus & Millichap is pleased to exclusively present 179 South Street, Freehold, Monmouth County, New Jersey.

Investment Highlights

  • No Unit Greater than 13% of the GLA – Mitigating Landlord Risk
  • Opportunity to Raise Rents to Market Value and Convert all the Leases to NNN
  • Many Tenants have Scheduled Rental Increases and a Long-Standing History at the Center

Exclusively Listed By

Shopping Strip

Metro Plaza

Listing Price: $6,600,000

Cap Rate
7.00%
Gross SF
28,191
Rentable SF
28,191
Price/Gross SF
$234.12
Lot Size
2.59 acres
Year Built
1954

Investment Highlights

  • No Unit Greater than 13% of the GLA – Mitigating Landlord Risk
  • Opportunity to Raise Rents to Market Value and Convert all the Leases to NNN
  • Many Tenants have Scheduled Rental Increases and a Long-Standing History at the Center

Investment Overview

Marcus & Millichap is pleased to exclusively present 179 South Street, Freehold, Monmouth County, New Jersey.

Exclusively Listed By

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