540 Central Ave East Orange, NJ 07018

This exceptional 15,202 square foot retail shopping center in East Orange, New Jersey, boasts a prime location on Central Avenue, experiencing over 18,000 vehicles daily. The property features six units, currently 87% occupied by strong national tenants including T-Mobile, Snipes, and Santander Bank (which also leases rear drive-thru space). All leases are NNN with built-in rent increases, generating a strong NOI of $320,829. Built in 1937, this one-story building sits on a 0.48-acre lot and includes 26 rear parking spaces. Recent improvements include a complete sprinkler system and new electrical work in 2013. An additional 2,000 square feet of office space with rear access is available for lease. The property benefits from excellent highway access via I-78, I-280, and the Garden State Parkway, serving a dense population of over 781,000 people within a 5-mile radius. Nearby national retailers include AutoZone, Dunkin' Donuts, KFC, Wells Fargo, Boston Market, McDonald's, Dollar Tree, and Popeye's. This is a rare opportunity to acquire a well-located, income-producing retail property in a thriving urban market.