Downtown Millburn Mixed-Use — Sale in Millburn, NJ

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Millburn, NJ 07041

Photos

Downtown Millburn Mixed-Use — Sale in Millburn, NJ, photo 1 of 2
Downtown Millburn Mixed-Use — Sale in Millburn, NJ, photo 2 of 2

Investment Figures

Cap rate
6.71%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to exclusively present 321 Millburn Avenue, Millburn, Essex County, New Jersey. Investment Highlights: • All Retail Leases (5) are NNN While all Second-Floor Office Suites (11) are Gross • Several Retail Leases are Below Market Rent • All Retail Leases have Annual Rent Increases and Renewal Options

Market Context

This mixed use in Millburn, NJ is listed for sale. It is offered at an approximate 6.7% capitalization rate, a key benchmark for income-producing mixed use assets. Compare it against other mixed use listings for sale in Millburn, NJ — view the full market.

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