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1550 Oak Tree Rd

Iselin, NJ 08830

$1,600,000

General Retail For Sale  •  3,000 Sq Ft

Property Details

  • Property Type General Retail
  • Total Building Size 3,000 Sq Ft
  • Lot Size 0.16 ac
  • Building Class C
  • Year Built 1946
  • Tenancy Multiple
  • Zoning N/Av
44 Transit Score
85 Walk Score

Description

Starting Bid: $400,000
Participation Deposit: $10,000

Auction Starts: 12/12/2016
Auction Ends: 12/14/2016



Property tours are available by appointment only. Please contact Umang Swalis at 908-705-1547 or umangswali@gmail.com to schedule

Investment Highlights:
•2,600 SF retail asset on Oak Tree Road in Oak Tree Road CBD
•Superb location with great visibility for tenant, property is located on a 3 grocery anchored corner (Patel Cash & Carry, Subzi Manhi, Bhavani Cash & Carry)
•7 car park
•High end modern finish
•In-place revenue stream; potential to gain value upon renewal
•Investor/user potential in the heart of Oak Tree Road CBD

Investment Overview:
Ten-X is pleased to present the opportunity to acquire 1550 Oaktree Road (“The Property”) in the well-known Oak Tree Road CBD. The Property is a 2600 square-foot, corner freestanding NNN retail building. The modern marble finishes makes the building ideal for any retail or professional business. The property is located in the Oak Tree Road CBD, which is the largest Indian business hub in the United States. The busy intersection of Magnolia and Oak Tree Road sees an average of 15,000 cars per day. The property’s location provides easy access to the Garden State Parkway and I-95.

Public Transportation

Commuter RailDriveWalkDistance
Metropark Commuter Rail (Northeast Corridor Line) 1 min 7 min 0.4 mi
Metuchen Commuter Rail (Northeast Corridor Line) 8 min - 3.1 mi
AirportDriveWalkDistance
Newark Liberty International Airport 21 min - 18.1 mi
La Guardia Airport 52 min - 41.2 mi
John F. Kennedy International Airport 55 min - 43.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Surface
Included in Rent: Yes
Umang Swali 908-705-1547 Star Rock Inc. Associates
Umang Swali 908-705-1547 Star Rock Inc. Associates