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Shopping Neighborhood

Two-Tenant Retail Strip - 100% Occupancy

345 Union Blvd, Totowa, NJ 07512

Listing Price: $2,270,000

Cap Rate
7.00%
Gross SF
4,950
Rentable SF
4,950
Price/Gross SF
$458.59
Lot Size
0.23 acres
Year Built
1970

Investment Overview

Marcus & Millichap is pleased to exclusively present 345 Union Blvd, Totowa, Passaic County, New Jersey.

Investment Highlights

  • Long Term Tenancy – Brooklyn Bagel has been in Operation over 35 Years and Elite Spine for over Ten Years
  • Well Maintained Asset with Recent Capex Including Refinished Roof and Parking Lot
  • Brooklyn Bagel has 9% Rent Increases every Three Years and Elite Sport & Spine has 3% Annual Rent Increases

Exclusively Listed By

Shopping Neighborhood

Two-Tenant Retail Strip - 100% Occupancy

Listing Price: $2,270,000

Cap Rate
7.00%
Gross SF
4,950
Rentable SF
4,950
Price/Gross SF
$458.59
Lot Size
0.23 acres
Year Built
1970

Investment Highlights

  • Long Term Tenancy – Brooklyn Bagel has been in Operation over 35 Years and Elite Spine for over Ten Years
  • Well Maintained Asset with Recent Capex Including Refinished Roof and Parking Lot
  • Brooklyn Bagel has 9% Rent Increases every Three Years and Elite Sport & Spine has 3% Annual Rent Increases

Investment Overview

Marcus & Millichap is pleased to exclusively present 345 Union Blvd, Totowa, Passaic County, New Jersey.

Exclusively Listed By

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