Shopping Neighborhood
Neighbors Plaza
427 County Rd 513, Califon, NJ 07830
Listing Price: $1,461,000
Cap Rate
7.75%
Gross SF
11,400
Rentable SF
11,400
Price/Gross SF
$128.16
Lot Size
1.50 acres
Year Built
1985
Investment Overview
Marcus & Millichap is pleased to exclusively present 427 County Road 513, Califon, Hunterdon County, New Jersey.
Neighbors Plaza
Investment Highlights
- High-Yield Investment – Offered at a 7.75% Cap Rate with $113,224 of In-Place NOI, Providing Immediate Cash Flow.
- Attractive Basis – Acquisition at just $128/Square Foot, well below Replacement Cost for a Neighborhood Retail Asset.
- Strong Traffic Exposure – Located Directly on County Road 513 with over 18,000 Vehicles per Day.
Exclusively Listed By
Listing Price: $1,461,000
Cap Rate
7.75%
Gross SF
11,400
Rentable SF
11,400
Price/Gross SF
$128.16
Lot Size
1.50 acres
Year Built
1985
Investment Highlights
- High-Yield Investment – Offered at a 7.75% Cap Rate with $113,224 of In-Place NOI, Providing Immediate Cash Flow.
- Attractive Basis – Acquisition at just $128/Square Foot, well below Replacement Cost for a Neighborhood Retail Asset.
- Strong Traffic Exposure – Located Directly on County Road 513 with over 18,000 Vehicles per Day.
Investment Overview
Marcus & Millichap is pleased to exclusively present 427 County Road 513, Califon, Hunterdon County, New Jersey.
Exclusively Listed By
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