591 New Brunswick Avenue Perth Amboy, NJ 08861

Other MLS #: 2706496R Courtesy Of RE/MAX Competitive Edge

Property InformationDescription

For Sale: Amazing Brick Building with 2 long term established Retail Tenants. 100% Leased. Front Unit is Margarita's Deli, established over 15 years & Rear Unit is Stage 1 Tires also a long term tenant. Goldmine High Traffic location on New Brunswick Ave,Perth Amboy near the Hospital & High Density Apartment Complex next to 7-11 & Family Dollar across from Dominos by Autozone & McDonalds. This 2600 sq ft building has very stable tenants (sq footage from tax records,buyer must verify).Approx Gross Income $59,424. Annual Rent Increase of 3%. Rent is below market. Owner only pays for Taxes & Insurance. Cap Rate 6.74.

Features

  • Age: Over 50 Years Old
  • Exterior Type: Brick
  • Floors: 1
  • Heating System: Forced Air
  • MLSID: 2706496R
  • Roof Type: Flat

MAP & DIRECTIONS

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591 New Brunswick Avenue, Perth Amboy, NJ 08861
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