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Shopping Strip

540-548 Central Ave

540 Central Ave, East Orange, NJ 07018

Listing Price: $4,145,000

Cap Rate
7.00%
Gross SF
15,202
Rentable SF
15,202
Price/Gross SF
$272.66
Lot Size
0.48 acres
Year Built
1937

Investment Overview

T-Mobile US, Inc. is an American telecommunications company headquartered in Bellevue, Washington. The company has approximately 53,000 employees and generated revenues of around 45 billion U.S. dollars, placing it only behind AT&T, and Verizon in the U.S. telecommunications market. The majority shareholder is German multinational telecommunications company Deutsche Telekom.

Investment Highlights

  • Excellent location along highly trafficked Central Avenue (over 18,000 vehicles/day)?
  • 100% Occupied retail center in downtown East Orange. ?Anchored by T-Mobile, Snipes, and Santander Bank?.
  • Neighboring owner (Santander Bank) pays rent to 540-548 Central Avenue for use of bank drive/thru in rear of the property?.

Exclusively Listed By

Listing Price: $4,145,000

Cap Rate
7.00%
Gross SF
15,202
Rentable SF
15,202
Price/Gross SF
$272.66
Lot Size
0.48 acres
Year Built
1937

Investment Highlights

  • Excellent location along highly trafficked Central Avenue (over 18,000 vehicles/day)?
  • 100% Occupied retail center in downtown East Orange. ?Anchored by T-Mobile, Snipes, and Santander Bank?.
  • Neighboring owner (Santander Bank) pays rent to 540-548 Central Avenue for use of bank drive/thru in rear of the property?.

Investment Overview

T-Mobile US, Inc. is an American telecommunications company headquartered in Bellevue, Washington. The company has approximately 53,000 employees and generated revenues of around 45 billion U.S. dollars, placing it only behind AT&T, and Verizon in the U.S. telecommunications market. The majority shareholder is German multinational telecommunications company Deutsche Telekom.

Exclusively Listed By

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