WOLFER COMMERCIAL REALTY CORP. AND ALL THOSE ACTING ON BEHALF OF OR IN CONJUNCTION WITH WOLFER COMMERCIAL REALTY CORP. (TOGETHER “WOLFER”) MAKE NO ORAL OR WRITTEN REPRESENTATIONS AS TO THE ACCURACY OF THE INFORMATION, PHOTOGRAPHS, VIDEOS, OR ANY OTHER MATTER CONTAINED HEREIN. THE INFORMATION CONTAINED HEREIN IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, AND CHANGE OF PRICE, MARKET CONDITIONS, PRIOR SALE OR LEASE, OR WITHDRAWAL WITHOUT NOTICE. IN ADDITION, WOLFER MAKES NO REPRESENTATION WITH RESPECT TO ZONING, MARKETABILITY, OR OTHER CONDITION OF TITLE, USAGE, TAX CONSEQUENCES, OR ANY MATTERS OF A LEGAL OR ENVIRONMENTAL NATURE.

Exclusively Offering

Retail Strip Center

Class B 3Unit Retail Building

21 VAN BLARCOM AVENUE

MIDLAND PARK, NJ

Price: $1,500,000

WOLFER COMMERCIAL REALTY CORP. AND ALL THOSE ACTING ON BEHALF OF OR IN CONJUNCTION WITH WOLFER COMMERCIAL REALTY CORP. (TOGETHER “WOLFER”) MAKE NO ORAL OR WRITTEN REPRESENTATIONS AS TO THE ACCURACY OF THE INFORMATION, PHOTOGRAPHS, VIDEOS, OR ANY OTHER MATTER CONTAINED HEREIN. THE INFORMATION CONTAINED HEREIN IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, AND CHANGE OF PRICE, MARKET CONDITIONS, PRIOR SALE OR LEASE, OR WITHDRAWAL WITHOUT NOTICE. IN ADDITION, WOLFER MAKES NO REPRESENTATION WITH RESPECT TO ZONING, MARKETABILITY, OR OTHER CONDITION OF TITLE, USAGE, TAX CONSEQUENCES, OR ANY MATTERS OF A LEGAL OR ENVIRONMENTAL NATURE.

PROPERTY HIGHLIGHTS

• 3 Star Tenants / Class B Retail Free Standing

• Surrounded by National / Regional Retailers: Starbucks, Wendy’s, Berger King, 7-Eleven,

Dunkin Donuts, Game Stop, ACME Markets, Whole Foods, King’s Food Markets, TD Bank

and more

• Roof had Permanent Rubber Coating Done on 2016 – Maintenance Free

• All Units Recently Remodeled

• New A/Cs and Furnaces

• Central Heating and Air Conditioning

• All Utilities Separately Metered

• Each Tenant is Responsible for Repairs and Replacement of HVAC System and Interior

• Affluent Demographics-1 Mile Radius Median Household Income is $135,800 (2017)

• Huge Upside Potential-2021 Projected CAP Rate is 11.43%! ( based on current market

rate)

A. Extremely Rare Retail Property for Sale or Rent in surrounding Areas

B. Current Rental Rate of two units is Below Current Market Rate: $28.41/sf NNN, Market

Overall Rate: $39.03/sf NNN

• Gross Rentable Area: 6,708 SF

• Lot: 0.33 Acre / 14,375 SF

• Parking: 18 Spaces + 2 Garages with Storage Room

• 6.13% CAP Rate

WOLFER COMMERCIAL REALTY CORP. AND ALL THOSE ACTING ON BEHALF OF OR IN CONJUNCTION WITH WOLFER COMMERCIAL REALTY CORP. (TOGETHER “WOLFER”) MAKE NO ORAL OR WRITTEN REPRESENTATIONS AS TO THE ACCURACY OF THE INFORMATION, PHOTOGRAPHS, VIDEOS, OR ANY OTHER MATTER CONTAINED HEREIN. THE INFORMATION CONTAINED HEREIN IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, AND CHANGE OF PRICE, MARKET CONDITIONS, PRIOR SALE OR LEASE, OR WITHDRAWAL WITHOUT NOTICE. IN ADDITION, WOLFER MAKES NO REPRESENTATION WITH RESPECT TO ZONING, MARKETABILITY, OR OTHER CONDITION OF TITLE, USAGE, TAX CONSEQUENCES, OR ANY MATTERS OF A LEGAL OR ENVIRONMENTAL NATURE.

Financial Information Property Gross Rental Income: 108,516.48

Tenants Reimbursements: 12,361.50

R.E. Taxes: 20,500

Insurance: 4,000

Snow Removal: 3,500 (2017)

Landscaping: 1,000

Net Operating Income: 91,877.98

CAP Rate: 6.13%

Price: 1,500,000

Rent Roll Term 2018 Rent/Yr Increase Option

Lavish Lash (±890 SF) 9/18-8/28 (Gross) 14,400 3% No

Mayfair Remodeling (±4,000 SF) 4/16 (Renewal)-4/21 (Net) 47,316.48 2% No

*Pays 33.3% RE Taxes ($6,826.50)

JK Noble Nails (±1820 SF) 10/18-9/28 (N) 46,800 3% 1-5Yr

*Pays 27% Tax ($5,535) ($26/SF)

WOLFER COMMERCIAL REALTY CORP. AND ALL THOSE ACTING ON BEHALF OF OR IN CONJUNCTION WITH WOLFER COMMERCIAL REALTY CORP. (TOGETHER “WOLFER”) MAKE NO ORAL OR WRITTEN REPRESENTATIONS AS TO THE ACCURACY OF THE INFORMATION, PHOTOGRAPHS, VIDEOS, OR ANY OTHER MATTER CONTAINED HEREIN. THE INFORMATION CONTAINED HEREIN IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, AND CHANGE OF PRICE, MARKET CONDITIONS, PRIOR SALE OR LEASE, OR WITHDRAWAL WITHOUT NOTICE. IN ADDITION, WOLFER MAKES NO REPRESENTATION WITH RESPECT TO ZONING, MARKETABILITY, OR OTHER CONDITION OF TITLE, USAGE, TAX CONSEQUENCES, OR ANY MATTERS OF A LEGAL OR ENVIRONMENTAL NATURE.

WOLFER COMMERCIAL REALTY CORP. AND ALL THOSE ACTING ON BEHALF OF OR IN CONJUNCTION WITH WOLFER COMMERCIAL REALTY CORP. (TOGETHER “WOLFER”) MAKE NO ORAL OR WRITTEN REPRESENTATIONS AS TO THE ACCURACY OF THE INFORMATION, PHOTOGRAPHS, VIDEOS, OR ANY OTHER MATTER CONTAINED HEREIN. THE INFORMATION CONTAINED HEREIN IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, AND CHANGE OF PRICE, MARKET CONDITIONS, PRIOR SALE OR LEASE, OR WITHDRAWAL WITHOUT NOTICE. IN ADDITION, WOLFER MAKES NO REPRESENTATION WITH RESPECT TO ZONING, MARKETABILITY, OR OTHER CONDITION OF TITLE, USAGE, TAX CONSEQUENCES, OR ANY MATTERS OF A LEGAL OR ENVIRONMENTAL NATURE.

Tenant C

WOLFER COMMERCIAL REALTY CORP. AND ALL THOSE ACTING ON BEHALF OF OR IN CONJUNCTION WITH WOLFER COMMERCIAL REALTY CORP. (TOGETHER “WOLFER”) MAKE NO ORAL OR WRITTEN REPRESENTATIONS AS TO THE ACCURACY OF THE INFORMATION, PHOTOGRAPHS, VIDEOS, OR ANY OTHER MATTER CONTAINED HEREIN. THE INFORMATION CONTAINED HEREIN IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, AND CHANGE OF PRICE, MARKET CONDITIONS, PRIOR SALE OR LEASE, OR WITHDRAWAL WITHOUT NOTICE. IN ADDITION, WOLFER MAKES NO REPRESENTATION WITH RESPECT TO ZONING, MARKETABILITY, OR OTHER CONDITION OF TITLE, USAGE, TAX CONSEQUENCES, OR ANY MATTERS OF A LEGAL OR ENVIRONMENTAL NATURE.

Tenant B

WOLFER COMMERCIAL REALTY CORP. AND ALL THOSE ACTING ON BEHALF OF OR IN CONJUNCTION WITH WOLFER COMMERCIAL REALTY CORP. (TOGETHER “WOLFER”) MAKE NO ORAL OR WRITTEN REPRESENTATIONS AS TO THE ACCURACY OF THE INFORMATION, PHOTOGRAPHS, VIDEOS, OR ANY OTHER MATTER CONTAINED HEREIN. THE INFORMATION CONTAINED HEREIN IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, AND CHANGE OF PRICE, MARKET CONDITIONS, PRIOR SALE OR LEASE, OR WITHDRAWAL WITHOUT NOTICE. IN ADDITION, WOLFER MAKES NO REPRESENTATION WITH RESPECT TO ZONING, MARKETABILITY, OR OTHER CONDITION OF TITLE, USAGE, TAX CONSEQUENCES, OR ANY MATTERS OF A LEGAL OR ENVIRONMENTAL NATURE.

Tenant A