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36 South St Local commercial 768 m² 100 % Loué À vendre New Providence, NJ 07974 3 903 185 € (5 084,54 €/m²)
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- 100% Leased
- 1000 Amp Electrical Service
- Downtown New Providence location
- 36 Parking Space
- Property backs to New Providence's main shopping center
Résumé analytique
Proventus Properties is pleased to present the opportunity to acquire 36 South Street, an 8,263-square-foot, two-story building positioned in the epicenter of downtown New Providence's Central Commercial District. The property is 100% leased, offering an investor immediate, diversified cash flow anchored by a national food hall concept, a two-decade-old local architecture firm, and a rooftop wireless license with Verizon.
A Downtown Location
36 South Street sits directly on South Street, steps from the Village Shopping Center — home to ACME, Starbucks, Orangetheory Fitness, Pure Barre, CVS, Jersey Mike's, and CHOPT — and within easy walking distance of Barth's Market, Riccardi, and the retail banks lining downtown New Providence. With a Walk Score of 83 ("Very Walkable") and 36 on-site parking spaces, the property offers a rare combination for this submarket: true walkability paired with dedicated, ample parking.
The trade area itself is affluent and deep. Median household income within three miles runs close to $200,000, and the daytime population within five miles tops 218,000 — a customer and tenant base that has kept this corner of Union County in consistent demand.
Diversified, In-Place Income
Wonder occupies the entire 4,064-square-foot ground floor under a long-term NNN lease running through March 2034.
Longo Architects & Associates, an established New Jersey design firm, has operated from the 4,199-square-foot second floor for more than 20 years — a track record of stability uncommon in most office leases.
Verizon maintains a rooftop equipment license generating ancillary income, with equipment recently upgraded in 2025, reinforcing its long-term commitment to the site.
The Opportunity
For an investor seeking a stabilized, multi-tenant asset in one of Union County's most established downtowns, 36 South Street offers in-place income, staggered lease rollover risk, and a location that continues to draw national retailers and loyal local businesses alike.
Data room Cliquez ici pour accéder à
- Offering Memorandum
Informations sur l’immeuble
Principaux occupants Cliquez ici pour accéder à
- Occupant
- Secteur d’activité
- m² Occupés
- Loyer/m²
- Type de bail
- Fin du bail
- Longo Architechs
- Services professionnels, scientifiques et techniques
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99,999 SF
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Jan 0000
Founded in 1946, the Firm has a long heritage of diversified practice providing architectural, engineering and interior design services for a broad range of projects. Commitment to creative design, sensitivity to budget limitations, concise construction documents, and conscientious contract administration identifies the Firm’s direction.
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- Hébergement et restauration
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99,999 SF
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Lorem Ipsum
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Jan 0000
Wonder began in 2018 as a food-tech company founded by Marc Lore and has since built a dining model that combines multiple restaurant concepts in one place. The company offers delivery, takeout, and dine-in service through branded menus spanning cuisines such as pizza, Mexican, Japanese, Italian, Indian, and Greek. Wonder for Business extends the business into enterprise foodservice with turnkey food and equipment programs for operators. The company also acquired Grubhub, adding a major food-ordering and delivery platform to its broader mealtime offering.
| Occupant | Secteur d’activité | m² Occupés | Loyer/m² | Type de bail | Fin du bail | |
| Longo Architechs | Services professionnels, scientifiques et techniques | 99,999 SF | - | - | Jan 0000 | |
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Hébergement et restauration | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Principaux commerces à proximité
Taxes foncières
| Numéro de parcelle | 11-00150-0000-00011 | Évaluation des aménagements | 476 082 € |
| Évaluation du terrain | 241 421 € | Évaluation totale | 717 503 € |
Taxes foncières
Présenté par
36 South St
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