Bought with Outside Outside Salespers • Outside Broker
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Key Details
Sold Price $2,250,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 22009921
Sold Date 01/31/23
Style Retail
Annual Tax Amount $35,281
Property Description
KW Commercial and The Elia Realty Group presents an exciting new opportunity to own an investment property in Little Ferry. This Lukoil has been here for 5+ years and has options every 5 years to renew at market rate. The current lease is $96k yearly NNN. Lease ends in September 2022 with the option for the tenant to renew at $120k year. PROPERTY HIGHLIGHTS. NNN Tenant - Lukoil - Paying $96k/yearly. Lukoil Renewal Up in September 2022 for tenant to pay $120k year. Lot size is approx. 23,387 Sq Ft. Interior Mechanic / Auto Repair has approx. 1,300 Sq Ft with multiple bays and outdoor parking. Gas Station has (x3) pump stations and has access from two streets Corner Property in Highly Trafficked Part of Little Ferry. Excellent upside potential for owner-operator or investor seeking a return on money. Single Freestanding building currently on property
Location
State NJ
County Bergen
Area Little Ferry
Interior
Heating Baseboard, Gas, Wall A/C
Exterior
Utilities Available O/See Rmks
Waterfront Description None
Others
Ownership Private
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Lucas Wolf
Broker of Record/Owner | License ID: 0903676
Broker of Record/Owner License ID: 0903676