101 US Highway 206
Flanders, NJ 07836
Bright Horizons · Retail Property For Sale

CBRE is pleased to exclusively present for sale this Bright Horizons property located on Route 206 in Mount Olive, New Jersey. This corporately guaranteed lease has 13 years remaining in its initial 20 year lease. The tenant is responsible for payment and performance of all landlord's repair, replacement and maintenance responsibilities, making this a more passive NNN investment. The lease also boasts attractive annual increases throughout the remainder of the lease. Bright Horizons Family Solutions is a leading provider of early education and preschools, employer-sponsored child care, back-up care, educational advisory services rated BB- by Standard and Poor's. This 8,830 square foot building sits on 1.40 acres with excellent access and visibility on Route 206, a major throughway with over 22,000 vehicles traveling by daily. Bright Horizon sits just outside of ITC Crossing South Shopping Center, anchored by Lowe's and Walmart. Additional surrounding tenants include TJMaxx, Michaels, Panera Bread, McDonald's PetSmart, Old Navy, Wendy's and Applebee's. Route 206 provides direct on/off access to Interstate 80 (99,864 V.P.D.), making this site easily accessible for commuters taking the Interstate to and from work. There is also minimal early education competition within 4 miles of the site. This corporately guaranteed, passive lease coupled with a strong placement in the marketplace makes this an ideal investment for the astute buyer.