NAI James E. Hanson Negotiates Sale of 6,000-Square-Foot Retail Building in Lake Hopatcong, N.J.
Lake Hopatcong, N.J. (September 4, 2019) - NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, announces it has negotiated the sale of a 6,000-square-foot retail building at 802-808 Route 15 in Lake Hopatcong, N.J. NAI James E. Hanson’s Joe Vindigni represented the seller, BD Newhouse LLC in the transaction with the buyer, Gardners Shed.
Conveniently located directly off Route 15, the retail property offers proximity to Route 80 with access to a population of over 24,000 potential shoppers within a three-mile radius. Comprised of seven rentable units, 802-808 Route 15 features ample parking and 50’ of lake access making it well-suited for a wide range of retail uses. The buyer, Gardners Shed, will be occupying a portion of the space while maintaining the balance as an income producing investment property.
“Our team recognized early on that this property’s strategic location and a wide range of tenants made it an ideal investment opportunity in this market,” said Vindigni. “Leveraging our decades of experience in northern New Jersey, we were able to effectively market the property to secure a buyer and negotiate a deal for fair market value on behalf of our client.”
To stay connected with NAI James E. Hanson and for updates on the latest transactions and news, please follow NAI Hanson on Facebook (www.facebook.com/NAIHanson), Twitter (@NAI_Hanson), LinkedIn (www.linkedin.com/company/nai-james-e-hanson), and Instagram (@NAI_hanson).
About NAI James E. Hanson
Since 1955, NAI James E. Hanson has been a leading independent full-service brokerage commercial real estate and property management firm serving a diverse client list. NAI Hanson offers its clients strategic solutions and provides comprehensive value-added services such as office, industrial and retail brokerage, investment sales, land sales, management, government services and financing expertise.
NAI Hanson is also one of the original members of NAI Global, an international commercial real estate network with over 400 offices spanning the globe. For more information on NAI James E. Hanson, contact William C. Hanson, SIOR, at the company’s Teterboro office at 201-488-5800 or visit www.naihanson.com.
# # #