148-150 Vermont ave Local commercial 465 m² 100 % Loué À vendre Newark, NJ 07106 816 447 € (1 757,28 €/m²) Taux de capitalisation 7,88 %

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the investment property located at 148-150 Vermont Avenue in Newark, New Jersey (“the Property”). The offering is for a five-tenant retail plaza on a 0.12-acre corner parcel of land. The Property offers the opportunity to acquire a fully leased retail plaza in an exceptional, urban-infill location. The subject property is ideal for a potential buyer looking for a property with income growth and strong investment returns. The Property is located at the intersection of Vermont Avenue and Grove Terrace in Newark’s Lower Vailsburg neighborhood on the outskirts of Newark’s west end. The Property is located one block from the municipal bus line and is close to area train stations. The Property also enjoys convenient access to several area colleges, two area hospitals, and numerous area retailers and restaurants. The building benefits from close proximity to the ports of New York and New Jersey and Newark Liberty International Airport. The Property has convenient access to major roadways with direct access to Manhattan, Staten Island, and all of New Jersey. Newark is a suburb of New York City and is the county seat of Essex County within the New York metropolitan area. The densely populated area is 13-miles west of New York City.