65 River Rd, Edgewater, NJ 07020

13,361 SF | 100% Leased | Retail Building | Edgewater, NJ 07020 | $9,680,000 ($724/SF) | 6.25% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $9,680,000

Property Type
Retail
Square Feet
13,361 SF
Price / Square Foot
$724

Listing Contacts

Philip Biancavilla
Philip Biancavilla
Verified Profile
Steven Siegel
Steven Siegel
Verified Profile
  • Property Info

Property Details

Class
B
Year Built
2010
Stories
1
Property Subtype
Freestanding
Lot Size (sq. ft)
45,302 SF

Highlights

  • Along Hudson River Across from New York City in a Dense and Affluent Area with Over 50,000 People Living Within a Mile Radius of the Property Making a
  • 10.5+ Years Remaining in the Base Term with Four 5-Year Options Thereafter
  • Rent Escalates 25% at the Start of the First Option, Rent Escalates 15% at the Start of Each Option Thereafter
  • Immediately Surrounded by The View West, The View South, The View @ Edgewater, The Pearl & The Oyster Combining for 280 Residential Units and Ground F
  • Shadow Anchored by HomeGoods
  • Steps From 115 River Rd, A Massive Current Development of 4 Buildings Ranging From 595 to 714 Feet Tall, Housing 1,919 Residential Units

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