Retail Space For Lease @ 248-252 Broadway

KW Commercial is pleased to present 248-252 Broadway, a 5,760-square foot, five tenant retail strip center resting on 0.23 acres in Elmwood Park, Bergen County, New Jersey. The property has been owned by the same family for over 60 years, who previously operated a business at the location.

The tenant mix represents a variety of services and the property has a high historical occupancy with a current average tenure of 20 years. A few leases are currently below market rent creating upside for a new owner.

Investors seeking a value-add property in a dense infill North Jersey market with limited turnover of inventory should consider adding 248-252 Broadway to their portfolio. This space offers accomodations for: street retail.