Shopping Strip
Pennington Avenue Shopping Village (Grocery Anchored)
359 Pennington Ave, Trenton, NJ 08618
Listing Price: $9,082,000
Cap Rate
7.00%
Gross SF
57,830
Rentable SF
57,830
Price/Gross SF
$157.05
Lot Size
5.35 acres
Year Built
2003
Investment Overview
Marcus & Millichap is pleased to exclusively present 359 Pennington Avenue, Trenton, Mercer County, New Jersey.
Pennington Avenue Shopping Village (Grocery Anchored)
Investment Highlights
- 96% Occupied Grocery-Anchored Shopping Center
- Ownership has made Significant Recent Investments in the Property, Including Repainting and Replacing Majority of Rooftop HVAC Units in 2024
- Situated on 5.35 Acres with 216 Parking Spaces, the Property Offers an Irreplaceable Infill Footprint
Exclusively Listed By
Shopping Strip
Pennington Avenue Shopping Village (Grocery Anchored)
Listing Price: $9,082,000
Cap Rate
7.00%
Gross SF
57,830
Rentable SF
57,830
Price/Gross SF
$157.05
Lot Size
5.35 acres
Year Built
2003
Investment Highlights
- 96% Occupied Grocery-Anchored Shopping Center
- Ownership has made Significant Recent Investments in the Property, Including Repainting and Replacing Majority of Rooftop HVAC Units in 2024
- Situated on 5.35 Acres with 216 Parking Spaces, the Property Offers an Irreplaceable Infill Footprint
Investment Overview
Marcus & Millichap is pleased to exclusively present 359 Pennington Avenue, Trenton, Mercer County, New Jersey.
Exclusively Listed By
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