Shopping Strip
Baldwin Shopping Center
190 Baldwin Rd, Parsippany-Troy Hills, NJ 07054
Listing Price: $18,915,000
Cap Rate
7.00%
Gross SF
45,135
Rentable SF
45,135
Price/Gross SF
$419.08
Lot Size
3.92 acres
Year Built
1970
Investment Overview
Marcus & Millichap is pleased to exclusively present 190-200 Baldwin Road, Parsippany, Morris County, New Jersey
Baldwin Shopping Center
Investment Highlights
- A Diversified Roster of 15 Tenants with a Mix of Medical, Service, Dining, and Neighborhood Retail Uses Catering to Daily Needs and Providing Resilience Across Economic Cycles
- Many of the Inline Shop Tenants have Annual Rent Increases Ensuring Steady Rent Growth Over Time
- Net Leases with all Tenants Responsible for their Proportionate Share of Real Estate Taxes, Insurance, and Common Area Maintenance (CAM)
Exclusively Listed By
Listing Price: $18,915,000
Cap Rate
7.00%
Gross SF
45,135
Rentable SF
45,135
Price/Gross SF
$419.08
Lot Size
3.92 acres
Year Built
1970
Investment Highlights
- A Diversified Roster of 15 Tenants with a Mix of Medical, Service, Dining, and Neighborhood Retail Uses Catering to Daily Needs and Providing Resilience Across Economic Cycles
- Many of the Inline Shop Tenants have Annual Rent Increases Ensuring Steady Rent Growth Over Time
- Net Leases with all Tenants Responsible for their Proportionate Share of Real Estate Taxes, Insurance, and Common Area Maintenance (CAM)
Investment Overview
Marcus & Millichap is pleased to exclusively present 190-200 Baldwin Road, Parsippany, Morris County, New Jersey
Exclusively Listed By
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