union, nj
1230 morris avenue
freestanding building | available for sale
DEMOGRAPHICS
1 MILE
2 MILES
3 MILES
Population
20,343
$79,705
5,300
126,318
$61,265
40,368
290,782
$56,557
105,862
Median HHI
Daytime Population
Building Size
7,934 square feet
Lot Size
.84 acres
Sale Price
$2,100,000.00
NNN Annual Operating Income
$148,188.00
Area Retail
Walgreens, Northfield Bank, CVS, 7 Eleven, Dunkin’ Donuts, Quick Check, Valley National
Bank, Dress Barn, TD Bank, Applebee’s, Toys R Us, Lowe’s, Office Depot, and more
Comments
• corner property with excellent visibility and pylon signage
• close proximity to Kean University
• approximately 37,590 vehicles per day on Morris Avenue
For More Information:
James Aug | Principal | [email protected] | T 201 249 8911 x1540
sabreny.com
union, nj
1230 morris avenue
Location:
Type:
Size:
1230 Morris Avenue, Union, NJ 07083
Retail / Restaurant
Building 7,934 square feet
Footlocker occupies 6,070 square feet (renewed lease until February 2020)
Restaurant occupies 1,846 square feet (month-to-month lease)
Rental Income
Restaurant 1,846 square feet
Footlocker 6,070 square feet
$37,104
$102,826
$139,930
Administration Fee on CAM Expense
Total Annual Operating Income
$8,258
$148,188
Common Area Maintenance (CAM) Expenses Paid by Tenants
Insurance
Landscaping - Monthy Service
Landscaping - Spring Planting
Snow Removal
Property Tax
Water
Sewer
CAM Reimbursements
Net Cost to Owner
For More Information:
James Aug | Principal | [email protected] | T 201 249 8911 x1540
sabreny.com
$5,517
$14,766
$6,762
$27,222
$45,271
$4,159
$2,147
$105,844
($105,844)
0
union, nj
1230 morris avenue
For More Information:
James Aug | Principal | [email protected] | T 201 249 8911 x1540
Sabre Real Estate Group, LLC
500 Old Country Road Garden City NY 11530
256B Flatbush Avenue Brooklyn NY 11217
30 Journal Square, Jersey City, NY 07306
sabreny.com
© Sabre Real Estate Group, LLC. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.