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USA Veins Clinic & 2 Apts - 272 Main Street, Orange, NJ

Property Details

  • Price :

  • Square Feet :

  • Cap Rate :

  • $1,415,000

  • 6,600

  • 7.00%

  • NOI :

  • Acres :

  • $99,082

  • 0.09

  • Property Type :

  • Property Status :

  • Retail

  • Available

Investment Highlights

TENANT(S)
  • 100% occupied mixed-use property with ground floor commercial space occupied by USA vein clinic and two apartments above
  • USA vein clinic operates 168 clinics in 30 states
LEASE(S)
  • USA Vein lease has 4+ years remaining with 2-5-year renewal options with 3% annual increases
  • Two oversized 3-bedroom apartments
LOCATION/ MARKET
  • Located on Main Street in Orange with is the central retail corridor in the city with a mix of local shops and national retailers
  • 3 blocks to NJ Transit's Orange Train Station
  • Over 350K people living within a 3-mile radius and an average household income over $87K
  • Easy access to I-280 and the Garden State Parkway