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Shopping Strip

Planet Fitness - Amazing Savings - Carpet Mill

416 NJ-10, East Hanover, NJ 07936

Listing Price: $11,000,000

Cap Rate
7.17%
Gross SF
36,192
Rentable SF
36,192
Price/Gross SF
$303.93
Lot Size
3.01 acres
Year Built
1970

Investment Overview

Marcus & Millichap is pleased to exclusively present a rare 100% occupied shopping center located at 416 Route 10 West, East Hanover, Morris County, New Jersey.

Investment Highlights

  • All NNN Leases with Structured Rent Increases
  • Below Market Rent for Planet Fitness just over $15/Square Foot  
  • Located less than 1.5 Miles from the Livingston Circle

Exclusively Listed By

Shopping Strip

Planet Fitness - Amazing Savings - Carpet Mill

Listing Price: $11,000,000

Cap Rate
7.17%
Gross SF
36,192
Rentable SF
36,192
Price/Gross SF
$303.93
Lot Size
3.01 acres
Year Built
1970

Investment Highlights

  • All NNN Leases with Structured Rent Increases
  • Below Market Rent for Planet Fitness just over $15/Square Foot  
  • Located less than 1.5 Miles from the Livingston Circle

Investment Overview

Marcus & Millichap is pleased to exclusively present a rare 100% occupied shopping center located at 416 Route 10 West, East Hanover, Morris County, New Jersey.

Exclusively Listed By

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