This Retail Property is no longer advertised on LoopNet.com.

114 N Main St
Mullica Hill, NJ 08062
BB&T · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Bank
Building Size
5,866 SF
Building Class
B
Year Built
1962
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
4.36 AC
Zoning
C1
Parking
65 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
333’ on Route 45

Amenities

  • Drive Thru

About 114 N MAIN ST , MULLICA HILL, NJ 08062

A 5,866± square foot freestanding BB&T Bank branch with two drive thru windows and 65 on-site parking spaces. Leased to Branch Banking and Trust Company for 15 years from December 2013 until December 31, 2028, with 11 years remaining. The current net annual rent of $228,566 increases by 2.00% annually. The lease is absolute net with the tenant responsible for all taxes, insurance, and maintenance including roof and structure. There are two, five-year options and one, four-year option to renew the lease with 1.96% annual increases throughout each option period.

Property Taxes

Property Taxes

Parcel Number
08-00045-0000-00014-01
Land Assessment
$618,000
Improvements Assessment
$647,200
Total Assessment
$1,265,200
  • Listing ID: 12209021

  • Date on Market: 4/10/2018

  • Last Updated:

  • Address: 114 N Main St, Mullica Hill, NJ 08062

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