Commercial Sale/LeaseFor SaleNJHackensack0760117 Mercer Street, Hackensack, NJ, BERGEN, 07601

Basics

Description

  • Description:

    INVESTMENT PROJECT TO BE BUILD BY SELLER!! Estimated to be done by end of 2026. This project offers a rare chance to invest in a fully entitled 6-story building totaling 35,060 sq ft. Benefit from a 5-year hold strategy with a projected 18%+ IRR and a 1.90x targeted equity multiple. The building also qualifies for a tax abatement and offers cost segregation benefits. This one of a kind investment is located in a rapidly growing market with strong demand for new development, this is a can't miss opportunity for investors seeking scale, efficiency, and high yield in one of Bergen County’s most active urban centers.

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Building Details

  • Sub Style: Other
  • Heat: Central Air, Other/See Remarks, Other Fuel Source/See Rmk
  • Ownership: Private
  • Waterfront: None
  • Office Phone Number: 201-891-2223
  • Flood Plain: None

Amenities & Features

  • Utilities: O/See Rmks
  • Solar Y/N: No
  • POOL: No

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