321 South AveWestfield, NJ 07090

For Sale
Call for price
Prime Westfield, NJ shopping center; 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional four-tenant shopping center is located at 321 South Avenue West in Westfield, New Jersey, a vibrant and highly trafficked area. The property boasts a 100% occupancy rate, generating a Net Operating Income (NOI) of $238,185. This Net Lease investment opportunity features a diverse tenant mix, catering to a wide range of consumer needs. Ample parking is available for customer convenience. The center is situated in a thriving community known for its strong local economy and excellent schools, ensuring a consistent flow of potential customers. Westfield's business-friendly environment and the upcoming development of One Westfield Place across the street present significant long-term growth potential. This retail strip center serves as a community hub, fostering a positive atmosphere and strong tenant synergy. The property's strategic location on South Avenue West provides high visibility and easy accessibility for both residents and visitors. This is a rare opportunity to acquire a profitable, fully leased retail asset in a desirable New Jersey location. The property is zoned for retail use and offers a strong return on investment. The property's address is 321 South Avenue West, Westfield, NJ 07090.

Highlights

  • Prime Westfield, NJ retail strip center at 321 South Ave W.
  • 100% occupied, four-tenant shopping center.
  • $238,185 Net Operating Income (NOI).
  • NNN lease structure.
  • Broker co-op available.

Property Details for 321 South Ave

Property type
Lifestyle centers, Power centers

Location Insight

City
Westfield
County
Union
State
New Jersey
Latitude
40.6485672
Longitude
-74.3470628
321 South Ave, Westfield, New Jersey

FAQs

What type of property is this?
Lifestyle center - Prime Westfield, NJ shopping center; 100% occupied.
Where is the lifestyle center located?
The property is located at 321 South Ave Westfield, NJ.
What are key features of this property?
This property features: Prime Westfield, NJ retail strip center at 321 South Ave W.; 100% occupied, four-tenant shopping center.; $238,185 Net Operating Income (NOI).
How can I contact the broker?
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321 South Ave
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