facebook

traded

+ Submit
Home

/

Deals

/

New Jersey

/

Retail

/

Sale

/

600 724 North 2nd Street

Marcus & Millichap Sells Retail Property At 600-724 North 2nd Street In Millville For $1.56M
SOLDRetail

Marcus & Millichap Sells Retail Property At 600-724 North 2nd Street In Millville For $1.56M

600 724 North 2nd Street

$1,560,000

$46/SF

Building Size

33,841 SF

Asset Type

Retail

Closing

Jul 21, 2025

AI

The property asset involved in the transaction is a retail space located at 600-724 North 2nd Street in Millville. The sale price was $1,560,000, and the total square footage of the property is 33,841, resulting in a price per square foot of $46.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $1,560,000
  • Address: 600-724 North 2nd Street
  • Market: Millville
  • Square Footage: 33,841
  • Price per Square Foot: $46

The deal was represented by brokers Mark Krantz, Adam Sklaver, Derrick Dougherty, and Philip Kates from Marcus & Millichap, who played a crucial role in facilitating the transaction.

Players

Derrick Dougherty

Marcus & Millichap

Broker

$178.4M

vol

27 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

Millville Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.17%

Cash-on-Cash

-2.91%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93