Mixed-Use
Downtown Millburn Mixed-Use
321 Millburn Ave, Millburn, NJ 07041
Listing Price: $4,550,000
Cap Rate
6.71%
Gross SF
14,626
Rentable SF
14,626
Price/Gross SF
$311.09
Lot Size
0.35 acres
Year Built
1940
Investment Overview
Marcus & Millichap is pleased to exclusively present 321 Millburn Avenue, Millburn, Essex County, New Jersey.
Exclusively Listed By
Listing Price: $4,550,000
Cap Rate
6.71%
Gross SF
14,626
Rentable SF
14,626
Price/Gross SF
$311.09
Lot Size
0.35 acres
Year Built
1940
Investment Highlights
- All Retail Leases (5) are NNN While all Second-Floor Office Suites (11) are Gross
- Several Retail Leases are Below Market Rent
- All Retail Leases have Annual Rent Increases and Renewal Options
Investment Overview
Marcus & Millichap is pleased to exclusively present 321 Millburn Avenue, Millburn, Essex County, New Jersey.
Exclusively Listed By
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