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EXECUTIVE SUMMARY
This lot is zoned for highway commercial. Permitted uses include retail, hotels, shopping centers and car dealerships. Includes income producing NNN tenant: 10 years remaining on the Red Lobster Lease. Property is perfect for redevelopment.
PROPERTY FACTS
| Price | £4,862,195 | Number of Properties | 2 |
| Price psf | £237.69 / sq ft | Individually For Sale | 0 |
| Sale Condition | Redevelopment Project | Total Property Size | 20,456 sq ft |
| Sale Type | Investment NNN | Total Land Area | 7.96 ac |
| Status | Active |
| Price | £4,862,195 |
| Price psf | £237.69 / sq ft |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Property Size | 20,456 sq ft |
| Total Land Area | 7.96 ac |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 514 US Highway 46, Wayne, NJ 07470 | Retail | 13,328 sq ft | 1940 | - |
| 520 US Highway 46, Wayne, NJ 07470 | Retail | 7,128 sq ft | 1940 | - |
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514-520 Portfolio Investment Sale
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