Attractive Fully Leased Neighborhood Center Built in 1987 with 180 feet of Frontage on Route 132 at Lighted Intersection of Sand Lake and Route 132. Excellent Tenant Mix Including National Tenant Anchors. Inviting access from Both Sand Lake (267 Feet of Frontage) and Route 132. 34 Customer Parking Spaces in Front of Property with New Lighted Marquee Sign. Back Lot has Ample Employee Parking and EZ Delivery Access. Recent Value Added Improvements Include Parking Lot and Stripping, Marquee Sign, Roof and Tenant Buildout. Income and Expense calculations are accurate - Expense Does Include RE Taxes and Income Does Not Include Potential Income from Garage. Cap Rate is Based Upon 10,969 Sq Ft Center, Asking Price Does Take into Account Out Lot/Excess Land with Center and Separate Pin number for 1750 sq. ft. Brick Garage with Driveway Easement Access (Former Car Wash). Serious Inquiries Only
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Based on information submitted to the MLS GRID as of 2025-03-10 11:13:41. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2025-03-10 11:13:41
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