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Shopping Neighborhood

Two Tenant Retail

12 Village Rd, New Vernon, NJ 07976

Listing Price: $1,800,000

Cap Rate
6.20%
Gross SF
4,920
Rentable SF
4,920
Price/Gross SF
$365.85
Lot Size
0.74 acres
Year Built
2006

Investment Overview

Marcus & Millichap is pleased to present 12 Village Road, New Vernon, Morris County, New Jersey

Investment Highlights

  • 100% Occupied Morris County Retail Property with History of Long Term Occupancy by Post Office Tenant.
  • Located Within Close Proximity to Interstate 287, an Approximately 86,000 Vehicle per Day Highway.
  • The Average Household Income Within a One-Mile Radius of the Subject Property Exceeds $294,000.

Exclusively Listed By

Shopping Neighborhood

Two Tenant Retail

Listing Price: $1,800,000

Cap Rate
6.20%
Gross SF
4,920
Rentable SF
4,920
Price/Gross SF
$365.85
Lot Size
0.74 acres
Year Built
2006

Investment Highlights

  • 100% Occupied Morris County Retail Property with History of Long Term Occupancy by Post Office Tenant.
  • Located Within Close Proximity to Interstate 287, an Approximately 86,000 Vehicle per Day Highway.
  • The Average Household Income Within a One-Mile Radius of the Subject Property Exceeds $294,000.

Investment Overview

Marcus & Millichap is pleased to present 12 Village Road, New Vernon, Morris County, New Jersey

Exclusively Listed By

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