399 McCarter Highway

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399 McCarter Highway

Newark, NJ 07114
Asking Price
Contact for price
Asset Type
Auto Shop Retail
Class
Class B

AI Property Summary

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

  • Retail auto shop property spanning 2,900 square feet
  • Prime frontage along the busy McCarter Highway
  • Located in an established Newark business corridor
  • Well-positioned for automotive service center operations
  • Features high-visibility signage potential for local commuters

What's Special

Operating an automotive service business is highly viable at this 2,900 square foot retail property positioned directly on the McCarter Highway in Newark. The facility provides functional space tailored for auto repair operations, benefiting from significant arterial road visibility in a densely populated New Jersey corridor. Proximity to major transportation infrastructure supports efficient logistics and accessibility for customers traveling throughout the regional Newark submarket. Commercial activity remains robust in this sector of the city, driven by the consistent demand for vehicle maintenance and local services. Investors and business owners looking for a foothold in an established urban industrial and retail hub will find this site well-suited for continued automotive use. The location offers the necessary footprint for service bays, diagnostic equipment, and customer intake, serving the needs of the surrounding metropolitan population base.

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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

Location & Travel Times