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801 Roosevelt Ave Carteret, NJ 07008

Prime Carteret Retail Space - 7,536 SF Available

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional retail property, located at 801 Roosevelt Avenue in Carteret, New Jersey, presents a unique investment opportunity. The single-story, 14,002 square foot building, constructed in 1954, sits on a sizable lot in Middlesex County (zip code 07008). Currently, 7,536 square feet of space is available for lease. The existing tenant, Pep Boys, occupies the remaining space under a long-term ground lease and will continue its tire and auto repair operations. The previously used parts sales area is now vacant, offering a flexible space ranging from approximately 3,200 to 11,500 square feet, adaptable to a variety of uses. Ideal tenants could include medical facilities (dialysis or plasma centers), childcare centers, pet daycares, discount retailers, furniture stores, tool and hardware retailers, or automotive businesses that do not directly compete with the existing tenant's services, such as collision repair centers, auto glass shops, or specialized auto parts stores. Negotiable cash allowances are available for suitable tenants, contingent upon a rent structure that ensures a fair return on investment for property improvements. This property offers significant potential for growth and return in a thriving Carteret location.

Highlights

  • High visibility from all directions.
  • Ample parking.
  • Located near national retailers.
  • Flexible space availability (3,200 - 11,500 SF).

Property Details for 801 Roosevelt Ave

Property type
Retail properties
RSF (Rentable sq. ft)
14,002 SF
Year Built
1954
Buildings
1
Stories
1

Unit(s) available at that property

Space
Size
7,536 SF

Location Insight

City
Carteret
County
Middlesex
State
New Jersey
Latitude
40.5893089
Longitude
-74.2280206

FAQs

What type of property is this?
Retail property - Prime Carteret Retail Space - 7,536 SF Available
Where is the retail property located?
The property is located at 801 Roosevelt Ave Carteret, NJ.
What are key features of this property?
This property features: High visibility from all directions.; Ample parking.; Located near national retailers.
How can I contact the broker?
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801 Roosevelt Ave
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