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Wawa 16 US Highway 46 5,585 SF Retail Building Pine Brook, NJ 07058 $8,842,105 ($1,583.19/SF) 4.75% Cap Rate
Investment Highlights
- Brand New 20-Year Lease | Scheduled Rental Increases | Options to Extend | Established Brand and C-Store Operator
- Signalized, Hard Corner Intersection | Off Route 46 | Three Ingress/Egress Points Surrounding Retail & Neighborhoods
- Demographics 5-Mile Trade Area | High-Growth Metropolitan Area
- Absolute NNN Ground Lease | Land Ownership | No Landlord Responsibilities
Executive Summary
Single Tenant Absolute NNN.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
5,585 SF
Building Class
B
Year Built
2025
Price
$8,842,105
Price Per SF
$1,583.19
Cap Rate
4.75%
NOI
$420,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.82 AC
Zoning
B3
Frontage
Amenities
- Pylon Sign
- Accent Lighting
- Air Conditioning
Nearby Major Retailers
Property Taxes
| Parcel Number | 21-00162-0000-00007 | Improvements Assessment | $0 |
| Land Assessment | $1,665,700 | Total Assessment | $1,665,700 |
Property Taxes
Parcel Number
21-00162-0000-00007
Land Assessment
$1,665,700
Improvements Assessment
$0
Total Assessment
$1,665,700
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Wawa | 16 US Highway 46
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