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Retail Center Investment Property - LoopNet...235 Moore Street Hackensack, NJ 07601 201 488 5800...

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235 Moore Street Hackensack, NJ 07601 201 488 5800 naihanson.com 10 Lanidex Plaza West Parsippany, NJ 07054 973 463 1011 Portland Avenue & South Washington Avenue Bergenfield, NJ Offered by: Anthony J. Cassano Vice President 201 488 5800 x146 • [email protected] THE INFORMATION CONTAINED HEREIN HAS BEEN OBTAINED FROM SOURCES CONSIDERED TO BE RELIABLE, BUT NO GUARANTEE OF ITS ACCURACY IS MADE BY NAI JAMES E. HANSON. Retail Center Investment Property
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Page 1: Retail Center Investment Property - LoopNet...235 Moore Street Hackensack, NJ 07601 201 488 5800 naihanson.com 10 Lanidex Plaza West Parsippany, NJ 07054 973 463 1011 Portland Avenue

235 Moore StreetHackensack, NJ 07601201 488 5800

naihanson.com

10 Lanidex Plaza WestParsippany, NJ 07054973 463 1011

Portland Avenue & South Washington AvenueBergenfield, NJ

Offered by:

Anthony J. CassanoVice President201 488 5800 x146 • [email protected]

THE INFORMATION CONTAINED HEREIN HAS BEEN OBTAINED FROM SOURCES CONSIDERED TO BE RELIABLE, BUT NO GUARANTEE OF ITS ACCURACY IS MADE BY NAI JAMES E. HANSON.

Retail Center Investment Property

Page 2: Retail Center Investment Property - LoopNet...235 Moore Street Hackensack, NJ 07601 201 488 5800 naihanson.com 10 Lanidex Plaza West Parsippany, NJ 07054 973 463 1011 Portland Avenue

1 Property Overview

2 Property Details

3 Tax Map

4 Aerial & Map

5 Demographics

Table ofContents

Page 3: Retail Center Investment Property - LoopNet...235 Moore Street Hackensack, NJ 07601 201 488 5800 naihanson.com 10 Lanidex Plaza West Parsippany, NJ 07054 973 463 1011 Portland Avenue

Property Addresses

• 101/109 Portland Avenue• 112 South Washington Avenue• 96 South Washington Avenue

Property Details

Total Size: 30,000 sfLot Size: .92 acSpace Available: 7,500 ± sfParking: 55 spacesOffered At: $3,700,000

*112 S. Washington taxes under appeal

Income $349,668.00 Insurance $26,864.00 Repairs & Maintenance $16,139.98 Utilities $11,774.66 SID Taxes $2,157.32 Taxes* $93,971.00 Net Operating Income $198,761.04Vacancy: 25%

±

Tenants:Subway

State Farm Insurance

Drycleaner

Armandos Restaurant

Dentist

Dance Studio

Crossfit Gym- Domination Sports

Auto Parts Storage

Plumbing Supply Storage

Apna Bazaar Food Store

Confidential rent roll available with a signed confidentiality agreement. Call broker.

Located at the intersections of South Washington Avenue, West Clinton Avenue and Portland Avenue in Bergenfield, NJ, these retail properties consist of three buildings and a large 55 car private parking lot. Signage and access on South Washington Avenue and Portland Avenue.

Section 1OverviewProperty

Overview

Page 4: Retail Center Investment Property - LoopNet...235 Moore Street Hackensack, NJ 07601 201 488 5800 naihanson.com 10 Lanidex Plaza West Parsippany, NJ 07054 973 463 1011 Portland Avenue

96 S. Washington Avenue 112 S. Washington Avenue

101 Portland Avenue 109 Portland Avenue

Dance Studio

Section 1Overview

Page 5: Retail Center Investment Property - LoopNet...235 Moore Street Hackensack, NJ 07601 201 488 5800 naihanson.com 10 Lanidex Plaza West Parsippany, NJ 07054 973 463 1011 Portland Avenue

Section 3Tax MapTax

Map

Page 6: Retail Center Investment Property - LoopNet...235 Moore Street Hackensack, NJ 07601 201 488 5800 naihanson.com 10 Lanidex Plaza West Parsippany, NJ 07054 973 463 1011 Portland Avenue

Section 4Aerial & Map Aerial

& Map

Section 3Tax Map

Page 7: Retail Center Investment Property - LoopNet...235 Moore Street Hackensack, NJ 07601 201 488 5800 naihanson.com 10 Lanidex Plaza West Parsippany, NJ 07054 973 463 1011 Portland Avenue

Section 5Demographics1-3-5

Demographics

© 2014 Digital Map Products. All rights reserved. 1

Demographics 112 S WASHINGTON AVE BERGENFIELD, NJ 07621-2355

Description 1 Mile 3 Mile 5 MileArea & Density :Area (Square Miles) : 3.018816 29.320726 73.190588

Density(Population Per Square Mile) : 8,837.6 5,593.2 4,866.8 31 Arbusto 31 Arbusto 31 Arbusto

Population By YearPopulation (1990) : 24,020 154,811 334,424

Population (2000) : 26,401 160,059 349,531

Population (2010) : 26,509 163,625 355,560

Population (Current) : 26,679 163,996 356,207

Population (5 Yr. Forecast) : 27,008 166,024 360,627

Percent Growth (Current Yr./Previous Yr.) : .66 .24 .21

Percent Forecast (5 Yr. Forecast/Current Yr.) : 1.23 1.23 1.22 31 Arbusto 31 Arbusto 31 Arbusto

Households By YearHouseholds (1990) : 8,783 55,681 125,299

Households (2000) : 9,202 56,846 129,736

Households (2010) : 9,003 57,347 130,555

Households (Current) : 9,029 57,317 130,451

Households (5 Yr. Forecast) : 9,027 57,317 130,662

Percent Growth (Current Yr./Previous Yr.) : .35 -.02 -.03

Percent Forecast (5 Yr. Forecast/Current Yr.) : -.03 .13 31 Arbusto 31 Arbusto 31 Arbusto

Page 8: Retail Center Investment Property - LoopNet...235 Moore Street Hackensack, NJ 07601 201 488 5800 naihanson.com 10 Lanidex Plaza West Parsippany, NJ 07054 973 463 1011 Portland Avenue

Section 5Demographics1-3-5

Demographics

© 2014 Digital Map Products. All rights reserved. 2

Description 1 Mile 3 Mile 5 MileGeneral Population CharacteristicsMale : 13,110 79,799 172,017

Female : 13,569 84,197 184,190

Density : 8,837.6 5,593.2 4,866.8

Urban : 26,679 163,996 356,207

Rural : 31 Arbusto 31 Arbusto 31 Arbusto

General Household CharacteristicsHouseholds (Current) : 9,029 57,317 130,451

Families : 6,606 43,103 91,225

Average Size of Household : 2.97 2.87 2.69

Median Age of Householder : 49 51 51

Median Value Owner Occupied ($) : 389,464.76 472,184.89 458,904.28

Median Rent ($) : 948.72 1,090.39 1,105.01

Median Vehicles Per Household : 2 2 2 31 Arbusto 31 Arbusto 31 Arbusto

General Housing CharacteristicsHousing Units : 9,397 59,730 137,221

Owner Occupied Units : 6,136 40,901 86,646

Renter Occupied Units : 2,893 16,416 43,805

Vacant Units : 368 2,413 6,770 31 Arbusto 31 Arbusto 31 Arbusto

Population By RaceWhite Alone : 13,985 100,079 220,205

Black Alone : 1,897 21,868 41,028

Asian Alone : 7,136 28,373 61,626

Native American and Alaska Native Alone : 75 386 959

Other Race Alone : 2,567 8,572 21,693

Two or More Races : 1,019 4,718 10,696 31 Arbusto 31 Arbusto 31 Arbusto

Population By EthnicityHispanic : 7,201 27,967 68,570

White Non-Hispanic : 10,564 84,949 183,533 31 Arbusto 31 Arbusto 31 Arbusto

General Income CharacteristicsMedian Household Income ($) : 90,293.42 99,383.47 92,504.15

Total Household Income ($) : 862,031,919 6,422,240,023 13,800,667,533

Average Household Income ($) : 95,474 112,048 105,792

Per Capita Income ($) : 32,311 39,161 38,743 31 Arbusto 31 Arbusto 31 Arbusto

Consumer ExpendituresTotal Consumer Expenditures ($) : 566,982 3,665,704 8,108,990

Total Retail Sales ($) : 433,359 1,730,147 6,441,51131 Arbusto 31 Arbusto 31 Arbusto 31 Arbusto

Employment By Place Of BusinessTotal Employees : 5,327 42,681 185,670

Total Establishments : 741 4,387 13,629

Page 9: Retail Center Investment Property - LoopNet...235 Moore Street Hackensack, NJ 07601 201 488 5800 naihanson.com 10 Lanidex Plaza West Parsippany, NJ 07054 973 463 1011 Portland Avenue

Section 5Demographics

235 Moore Street 10 Lanidex Plaza WestHackensack, NJ 07601 Parsippany, NJ 07054201 488 5800 973 463 1011naihanson.com

THE INFORMATION CONTAINED HEREIN HAS BEEN OBTAINED FROM SOURCES CONSIDERED TO BE RELIABLE, BUT NO GUARANTEE OF ITS ACCURACY IS MADE BY NAI JAMES E. HANSON.


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