Pennington Avenue Shopping Village (Grocery Anchored) — Sale in Trenton, NJ

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Trenton, NJ 08618

Photos

Pennington Avenue Shopping Village (Grocery Anchored) — Sale in Trenton, NJ, photo 1 of 2
Pennington Avenue Shopping Village (Grocery Anchored) — Sale in Trenton, NJ, photo 2 of 2

Investment Figures

Cap rate
7.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to exclusively present 359 Pennington Avenue, Trenton, Mercer County, New Jersey. Investment Highlights: • 96% Occupied Grocery-Anchored Shopping Center • Ownership has made Significant Recent Investments in the Property, Including Repainting and Replacing Majority of Rooftop HVAC Units in 2024 • Situated on 5.35 Acres with 216 Parking Spaces, the Property Offers an Irreplaceable Infill Footprint

Market Context

This retail in Trenton, NJ is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Trenton, NJ — view the full market.

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