8,500 sq. ft. Multi-Use Possibilities
Essex County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $115,000 |
Undisclosed |
Undisclosed |
Furniture and Fixtures Value:
$200,000 (included in the asking price)
Business Summary:
8,500 sq. ft. former Foodtown supermarket with over 50 car parking available in a city of NJ most densely populated county. This well desired facility has many potential uses, and because of its size, can have dual use possibilities. 8,500 sq. ft. surrounding by a population of tens of thousands population with more than sufficient parking makes this property a terrific money making opportunity for any person with foresight. Landlord would give buyer generous lease 20-35 years. Rent would be triple net with $5,000 month plus taxes of only $10,000 yearly. At present building is equipped with over $150,000 – worth of equipment geared for the supermarket trade/plenty of refrigeration/freezers, bar code registers meat cutting/fish market equipment – Dairy vegetable boxes (anything food the food Markey industry) very desirable lease – other possible uses for this rare retail opportunity would be Laundromat, day care, auto parts, hardware, large retail/convenience store, medical supply, pharmacy or any combination of the above. For further information, please contact 908-851-9040 Ext. 285
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| Facilities / Terms of Lease:
8,500 sq. ft. with over 50 car parking up to 35 years original lease $5,000 month plus taxes $10,000 – ($7.06 sq. foot) over $200,000 food service equipment many potential uses. |
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| Potential
Growth/Expansion:
Getting the right and proper use of this highway valued property and expanding this use. |
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| Competition:
This area can use many new businesses and with its parking facility can support varied operations. |
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| REQUEST MORE INFO |
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