Map of Property

260 North Ave E Listing Details & Market Data

260 North Ave E, Westfield, NJ 07090

  • For Lease Contact for pricing
  • Property Type Retail
  • Property Size 23,260 SF
  • Lot Size 1.44 Acre
  • 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]

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker

Lynn Granger

Highcap Group

Location

Getting Around

  • Walk Score ®

    Walker's Paradise (97)

  • Transit Score ®

    Some Transit (41)

  • Bike Score ®

    Somewhat Bikeable (49)
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  • City Westfield, NJ
  • Neighborhood Downtown Westfield
  • Zip Code 07090
  • Market New Jersey

Points of Interest

  • Westfield

    0.21 miles

  • Garwood

    1.00 miles

  • Cranford

    2.18 miles

  • Fanwood

    2.26 miles

  • Netherwood

    3.45 miles

  • Roselle Park

    4.27 miles

  • Murray Hill

    4.38 miles

  • Plainfield

    4.58 miles

  • Summit

    4.64 miles

  • Rahway

    4.68 miles

  • RaceWay

    0.12 miles

  • Exxon

    0.14 miles

  • BP

    0.26 miles

  • Sunoco Gas Station

    0.63 miles

  • Hess

    0.93 miles

  • Shell

    1.25 miles

  • Exxon

    1.62 miles

  • Citgo

    1.88 miles

  • Express Fuel

    1.89 miles

  • Omega

    2.14 miles

  • School Parking

    1.66 miles

  • School Parking

    1.79 miles

  • Cranford Square Parking

    1.94 miles

  • School Parking

    2.00 miles

  • Parking garage

    2.02 miles

  • SMS Parking

    2.10 miles

  • Cranford Train Parking

    2.16 miles

  • Cleveland Plaza Parking

    2.17 miles

  • Town Hall Parking

    2.29 miles

  • School Parking

    2.46 miles

  • Nagoya

    0.04 miles

  • Xocolatz

    0.05 miles

  • Manhattan Bagel

    0.06 miles

  • Westfield Diner

    0.07 miles

  • Domino's

    0.11 miles

  • Dunkin'

    0.14 miles

  • Turning Point

    0.16 miles

  • Rooster Spin

    0.17 miles

  • Brick Oven Pizza

    0.19 miles

  • Ferraro's

    0.20 miles

  • Vine Ripe Market

    0.22 miles

  • Trader Joe's

    0.35 miles

  • Stop & Shop

    0.47 miles

  • Kings

    1.17 miles

  • Acme

    2.11 miles

  • Clarktown Shoping Center

    2.19 miles

  • Target

    2.44 miles

  • Whole Foods Market

    2.47 miles

  • ShopRite

    2.54 miles

  • Marshalls

    2.57 miles

Contact Listing Broker

broker

Lynn Granger

Highcap Group

  1. 1Main information
  2. 2Extra information