Marcus & Millichap Sells Aaron’s Strip Center Retail Property In North Bergen For $6.42M

The retail asset involved in this transaction is Aaron's Strip Center, a fully leased property offering 18,130 square feet of space located at 2229 John F Kennedy Boulevard in North Bergen, NJ. The sale price was set at $6,415,000, translating to a price per square foot of $354.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $6,415,000
• Square Footage: 18,130
• Address: 2229 John F Kennedy Boulevard
• Market: North Bergen
• Price Per Square Foot: $354

This transaction was facilitated by brokers Alan Cafiero, Brent Hyldahl, and Devin Perez from Marcus & Millichap. The property's strategic location near the Lincoln Tunnel contributed to significant investor interest, driven by the presence of high-quality tenants.