1392 St Georges AveWoodbridge Township, NJ 07001

Property Details for 1392 St Georges Ave

Lot size

1.03 AC

Property size (Sq ft)

13,082 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional 13,082 square foot retail property, located at 1392 St Georges Ave in Woodbridge Township, New Jersey (07001), presents a compelling investment opportunity. Currently 100% occupied, the center boasts a strong anchor tenant, Dollar Tree, and generates a substantial net operating income (NOI) of $185,000, resulting in an attractive 5.61% capitalization rate. The asking price is $3,300,000. Situated on a 1.03-acre lot, the property benefits from recent renovations including a new roof and updated parking lot. The existing tenants have made substantial improvements, demonstrating their long-term commitment to the center. Below-market rents offer significant potential for future income growth. The property is professionally managed, ensuring efficient operations and maximizing returns. This well-maintained, high-occupancy retail center represents a rare opportunity to acquire a stable, income-producing asset in a desirable New Jersey location. The property's strong tenant mix, recent renovations, and potential for rent increases make it an ideal addition to any investment portfolio. Contact us today to learn more about this exceptional investment opportunity.

Location Insight

City

Woodbridge Township

County

Middlesex

State

New Jersey

Latitude

40.5859

Longitude

-74.2915

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