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284 Washington Ave
Carlstadt, NJ 07072

$7,120,000 USD

Convenience Store For Sale  •  4,714 SF

Property Details

  • Property Type Convenience Store
  • Total Building Size 4,714 SF
  • Lot Size 1.28 AC
  • Building Class C
  • Year Built 2024
  • Cap Rate 5.65 %
  • Tenancy Single
0 Transit Score
45 Walk Score

Highlights

15 Year Absolute Lease Featuring 10% Rental Increases throughout the Initial Term and Options.
Brand New 2024 High Quality Construction featuring a Convenience Store, Gas Station and Raise the Roost. This Site Features 12 Fuel Dispensors.
Extremely Dense and Affluent Area with over 700k People Residing within a 5-Mile Radius,
Down the Street From Metlife Stadium, the World's 9x Top Grossing Stadium seeing Millions of Visitors Annually for NFL Games, Concerts, and more.
Strong Daytime Employment Area - Near Numerous Established Business Parks, Office Spaces, Distribution Centers, Industrial & Manufacturing Plants, etc
Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
Cap Rate: 5.65 %

Public Transportation

Commuter RailDriveWalkDistance
Meadowlands Sports Complex Station (BetMGM Meadowlands Rail Line - NJ TRANSIT RAIL) 2 min - 2.0 mi
Wood Ridge (Pascack Valley Line - NJ Transit Commuter Rail (NJ Transit)) 5 min - 3.9 mi
AirportDriveWalkDistance
Newark Liberty International 15 min - 12.7 mi
Laguardia 29 min - 17.7 mi
John F Kennedy International 40 min - 28.8 mi
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap