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7- Eleven - Availability Details

234-240 Elizabeth Ave, Newark, NJ 07108

  • For Sale $2,337,500
  • Property Type Retail - Street Retail
  • Property Size 4,500 Sqft
  • Lot Size 0.22 Acre
  • Property Tenancy Single Tenant
  • Year Built 2012
  • Date Updated Nov 02, 2021

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Reach out to the broker for more info on lease terms and amenities

Location

  • City Newark, NJ
  • Neighborhood South Broad Valley
  • Zip Code 07108
  • Market New Jersey

Contacts

broker

Leandra Marcus

Legacy Real Estate Advisors

(248) 450-3256

Highlights

  • Single Tenant Free-Standing 7- Eleven
  • Strong Corporate Guarantee - S&P's Rated "A-"
  • New York MSA - Top 5 MSA in the Entire U.S. - Ranked #1 - Population Growth Exceeded 6.58% from 2010-2020
  • Situated on Hard Signalized Corner - Over 11,500 Vehicles Pass Site Daily on Elizabeth Ave.
  • Dense Community - Over 34,700 People Reside within 1 Mile Radius of Site - Over 303,000 People Reside within 3 Mile Radius
  • Projected 2.6% Population Growth within 1 Mile of Site within the Next 5 Years
  • Over 97,600 Daytime Employees Within 2 Mile Radius of Site
  • Approximately 5 Minutes to Newark Liberty International Airport
  • Essential Retailer - Recession & Pandemic Proof Tenant
  • *NOI Based on Next Scheduled Increase in 2023 - Seller to Credit Buyer the Difference at Closing

Frequently Asked Questions

What year was 7- Eleven built and finished?

7- Eleven was completed in 2012.

Contact Listing Broker

broker

Leandra Marcus

Legacy Real Estate Advisors

(248) 450-3256

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