321 South AveWestfield, NJ 07090

Property Details for 321 South Ave

Property type

Lifestyle centers

Property subtype

Power centers

Description

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.

Location Insight

City

Westfield

County

Union

State

New Jersey

Latitude

40.6486

Longitude

-74.3471

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