Marcus & Millichap is pleased to announce the exclusive sale of 366 Clifton Avenue in Clifton, NJ. The property is currently occupied by Pioneer Academy, a diverse, independent, pre-school that has been operating at this location since 1999. There are seven classrooms, seven restrooms, an administrative area, and a partially finished basement. Total student capacity is 89 children. The sale includes the business value estimated at $300,000. The tenant will occupy the space until June 2018. This property is zoned B-A1 which also allows for business and professional offices. The property is located on the corner of Clifton Avenue and First Avenue. It is right off Main Street, which is the main retail hub for Clifton, NJ. It is surrounded by many national retailers including Walgreens, Wells Fargo, Advance Auto Parts, Aldi, Dunkin Donuts, PNC Bank, and many more. This is the perfect opportunity to acquire a well-maintained building approximately 16 miles away from New York City.
- $60,000 NOI
- Turnkey Business Opportunity
- NYC MSA
- Renovated in 2013 & New HVAC
- Excellent Demographics – 680k people within 5 Miles
- Near National Retailers & Major Highways
Please contact The Iacono Retail Group for further details.