- For Lease Contact for pricing
- Property Type Retail
- Property Size 23,260 SF
- Lot Size 1.44 Acre
- Additional Rent Contact for pricing
- Property Tenancy Multi-Tenant
- Date Updated Mar 8, 2021
100% OCCUPIED, NO NEGATIVE COVID ISSUES, CURRENT NOI: $1,084,315
2 Free standing retail buildings with a large shared parking lot (parking lots very rare for this area). 1 Building is fully occupied by Walgreens with 23,424 SF and a corporate guarantee expiring in 2030 and paying below market rent for such a strong store.
Building 2 has 7,800 Sq. Feet with 5 stores with local retailers including National store Supercuts. All leases including Walgreens are NNN. Property was repainted with new awnings, and lot being blacktopped and re-striped after winter.
Prime Westfield, New Jersey, right in the middle of town. Very high average household income and strong demographics. Property has very large frontage. HUGE DEVELOPMENT OPPORTUNITY when Walgreens expires in 2030.
PRICE REDUCED TO 19.875 MILLION -- 5.5% CAP RATE !!!
Please inquire for more info
Josh Goldflam at 646-546-5880 or [email protected]
Reach out to the broker for more info on lease terms and amenities
False
Contacts
Location
Getting Around
-
Walk Score ®
97/100
Walker's Paradise
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Transit Score ®
41/100
Some Transit
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Bike Score ®
49/100
Somewhat Bikeable
- City Westfield, NJ
- Neighborhood Downtown Westfield
- Zip Code 07090
- Market New Jersey
Points of Interest
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Plainfield
4.58 miles
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Metropark
5.72 miles
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Avenel
6.12 miles
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Woodbridge
7.39 miles
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North Elizabeth
7.51 miles
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Madison
8.27 miles
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Terminal A
8.43 miles
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Taxi Newark Airport
8.58 miles
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P3
8.65 miles
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Newark Liberty Airport
8.86 miles
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RaceWay
0.12 miles
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Exxon
0.14 miles
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BP
0.26 miles
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Sunoco Gas Station
0.63 miles
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Hess
0.93 miles
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Shell
1.25 miles
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Citgo
1.88 miles
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Express Fuel
1.89 miles
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Omega
2.14 miles
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Tesla Supercharger
2.99 miles
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School Parking
1.66 miles
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Cranford Square Parking
1.94 miles
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SMS Parking
2.10 miles
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Cranford Train Parking
2.17 miles
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Cleveland Plaza Parking
2.17 miles
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Town Hall Parking
2.29 miles
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Trailside Nature Center Parking
2.74 miles
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Nagoya
0.04 miles
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Xocolatz
0.05 miles
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Manhattan Bagel
0.06 miles
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Westfield Diner
0.07 miles
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Domino's
0.11 miles
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Dunkin'
0.14 miles
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Turning Point
0.16 miles
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Rooster Spin
0.17 miles
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Ono Bowls
0.18 miles
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Brick Oven Pizza
0.19 miles
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Vine Ripe Market
0.22 miles
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Trader Joe's
0.34 miles
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Stop & Shop
0.47 miles
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ShopRite
0.67 miles
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Kings
1.17 miles
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Lidl
1.48 miles
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Acme
2.11 miles
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Clarktown Shoping Center
2.19 miles
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Target
2.44 miles
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Whole Foods Market
2.47 miles
Frequently Asked Questions
The price for retail space for lease at 260 North Ave E is available upon request. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.
The building accommodates a Multi-Tenant lease setup. Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.
Reach out to the listing broker for more information on vehicle access and parking options at or near this property, as well as additional amenities that complement the retail experience at 260 North Ave E. You can find 3 fuel station(s) within a 0.5-mile radius.
No, there are no spaces zoned for retail activities within a 0.5-mile radius around 260 North Ave E.
The property is part of Downtown Westfield, which is home to 7 other retail listings.
Other popular areas for retail businesses in New Jersey include Downtown Westfield.
Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.
Highcap Group
