Investor buys 5,000 sq. ft. Totowa retail center for $2.2 million, Marcus says – Real Estate NJ

Marcus & Millichap Brokers $2.2 Million Sale of Two-Tenant Retail Property in Totowa, New Jersey

Totowa, N.J. — Marcus & Millichap has brokered the sale of a two-tenant retail property located in Totowa for $2.2 million. Built in 1970, the 4,950-square-foot property is fully occupied by… The post Marcus & Millichap Brokers $2.2 Million Sale of Two-Tenant Retail Property in Totowa, New Jersey appeared first on Shopping Center Business.

Investor buys 5,000 sq. ft. Totowa retail center for $2.2 million, Marcus says – Real Estate NJ

345 Union Blvd. in Totowa — Courtesy: Marcus & Millichap By Joshua Burd A local investor has purchased a nearly 5,000-square-foot strip center in Totowa for more than $2.2 million, in a newly announced deal by Marcus & Millichap. According to the brokerage team, the property at 345 Union Blvd. is fully leased to Brooklyn Bagel and Elite Spine & Sports Care of Totowa. Those tenants have operated for more than 35 years and more than a decade, resp…