835 Roosevelt AveCarteret, NJ 07008

Property Details for 835 Roosevelt Ave

Year built

1975

Lot size

0.81 AC

Property size (Sq ft)

42,834 SF

Property type

Other commercial real estate

APN

01 02902-0000-00003

APU

102902000000003

Description

This exceptional 4,624-square-foot retail space, located at 835 Roosevelt Avenue in Carteret, New Jersey, presents a unique investment opportunity. Previously occupied by an AAMCO, the property is fully fitted out for an auto service facility, featuring five service bays, ready for immediate occupancy. Situated at a high-traffic entrance to Carteret, easily accessible from the Turnpike Exit 12 and benefiting from two traffic signals, this location offers unparalleled visibility and accessibility. The property is part of the Plaza 12 Shopping Center, boasting a strong tenant mix including AutoZone, McDonald's, T-Mobile, Walgreens, ShopRite, Dollar Tree, and Pep Boys, ensuring high foot traffic and brand recognition. The Carteret zip code (07008) has a substantial population of 25,516 residents and 7,120 employees, providing a large potential customer base. The space is offered in "as-is" condition. The asking rent is $16 per square foot net, with estimated NNN expenses of $6.53 per square foot for common area maintenance, $5.19 per square foot for taxes, and $0.95 per square foot for insurance. This property is ideal for an established or emerging auto service business seeking a high-visibility location in a thriving retail center. Don't miss this chance to secure a prime retail space in a densely populated area with excellent access and strong neighboring businesses.

• Alternative Use

  Use

  Valuation

  Residential

  $8,105,868

  Hospitality

  $7,424,932

  Educational

  $6,177,456

  Medical

  $6,389,908

  Retail

  $9,609,376

Location Insight

City

Carteret

County

Middlesex

State

New Jersey

Latitude

40.5905

Longitude

-74.2295

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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