660 Tonnelle Avenue

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660 Tonnelle Avenue

Jersey City, NJ 07307
Asking Price
Contact for price
Asset Type
Convenience Store Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail property available for purchase on Tonnelle Avenue in Jersey City.
  • Convenience store asset located within a busy metropolitan commercial corridor.
  • Strategic position provides significant exposure to regional vehicular traffic flow.
  • Property sits at coordinates 40.7529 and -74.0571 within Hudson County.
  • Well-suited for business owners targeting the dense North Jersey market.

What's Special

Jersey City serves as a dense, high-traffic commercial corridor within the New York metropolitan area, benefiting from robust regional connectivity and consistent consumer flow. Tonnelle Avenue functions as a primary artery for local commuters and logistics operations, supporting a variety of retail businesses that cater to the surrounding residential population. The property at 660 Tonnelle Avenue represents a retail asset currently configured as a convenience store. This location provides strategic visibility for businesses requiring exposure to constant vehicular traffic moving between northern New Jersey and the Hudson River waterfront. As a commercial site, the parcel is well-positioned for operations that rely on high-volume customer access or those seeking a presence in a vital North Jersey commercial district. Potential users include convenience retail operators, service-oriented businesses, or investors looking to establish a footprint in this highly accessible urban submarket.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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