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Shopping Strip

Town Square Shopping Center

343 Matawan Rd, Matawan, NJ 07747

Listing Price: $7,175,000

Cap Rate
6.25%
Gross SF
37,892
Rentable SF
37,892
Price/Gross SF
$189.35
Lot Size
6.56 acres
Year Built
2000

Investment Overview

Marcus & Millichap is pleased to exclusively present a 37,892 square foot value/add multi-tenant retail shopping center located at 343 Matawan Road, Matawan, New Jersey.

Investment Highlights

  • 22 Tenants with Two Vacant Units with no Tenant more than 8% of the Shopping Center – Diversifies Landlord Risk
  • Anchored by Dunkin' Donuts and Investors Savings Bank Ground Lease Pad Site – Over $80 Million in Deposits – Investors Recently Merged with Citizens Bank (NYSE: CFG)
  • Several Tenants Paying Below Market Rental Rates plus 2,645 Square Feet of Vacancy Provides for Future Upside

Exclusively Listed By

Financing By

Shopping Strip

Town Square Shopping Center

Listing Price: $7,175,000

Cap Rate
6.25%
Gross SF
37,892
Rentable SF
37,892
Price/Gross SF
$189.35
Lot Size
6.56 acres
Year Built
2000

Investment Highlights

  • 22 Tenants with Two Vacant Units with no Tenant more than 8% of the Shopping Center – Diversifies Landlord Risk
  • Anchored by Dunkin' Donuts and Investors Savings Bank Ground Lease Pad Site – Over $80 Million in Deposits – Investors Recently Merged with Citizens Bank (NYSE: CFG)
  • Several Tenants Paying Below Market Rental Rates plus 2,645 Square Feet of Vacancy Provides for Future Upside

Investment Overview

Marcus & Millichap is pleased to exclusively present a 37,892 square foot value/add multi-tenant retail shopping center located at 343 Matawan Road, Matawan, New Jersey.

Exclusively Listed By

Financing By

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