REIT Sale | Former 7-Eleven | Built 2010 | 22K VPD | NYC MSA | $205K Avg HH Income | Signalized Corner

• Freestanding Retail in Daily-Needs Hub: Former 7-Eleven spans 2,795 SF beside Wawa in a high-traffic corridor serving everyday demand.
• Signalized Hard Corner with Dual Exposure: ±12,681 VPD on Terrill Rd and ±9,540 VPD on South Ave converge at this prominent intersection.
• Affluent and Dense Five-Mile Trade Area: Nearly 299K people live nearby, with average household income of approximately $205,878.
• Direct Access to NYC and Major Highways: Manhattan is 25 miles away, Newark 15 miles, Route 22 one mile, and I-78 just 3.5 miles.
• Surrounded by Major National Retailers: Walmart, BJ’s, Home Depot, Target, Walgreens, Dunkin, and ShopRite generate steady nearby traffic.
• Flexible Neighborhood Commercial District: NC zoning allows retail other permitted uses for future repositioning. 

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Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 1472-78 South Avenue in Plainfield, New Jersey is a vacant ±2,795 SF freestanding retail building on a ±0.325-acre signalized hard corner in the New York-Newark-Jersey City MSA. Built in 2010 and formerly occupied by 7-Eleven, the Property is offered at a substantial discount to replacement cost and presents a compelling owner-user, lease-up, or adaptive reuse opportunity. The site includes 12 parking spaces, two curb cuts, and approximately 100 feet of frontage along South Avenue and 150 feet along Terrill Road, where combined traffic totals ±22,221 VPD. Existing retail improvements and refrigeration infrastructure may reduce upfront capital for a new operator.

Starting Bid $150,000

Auctioneer: Peter Costanzo

Auctioneer Company: c/o Fisher Auction Company, Inc.

Auctioneer License: BK No. 8910502