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Wawa 16 US Highway 46 3,500 SF Retail Building Pine Brook, NJ 07058 $8,842,105 ($2,526.32/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
3,500 SF
Building Class
B
Year Built
2025
Price
$8,842,105
Price Per SF
$2,526.32
Cap Rate
4.75%
NOI
$420,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
2.08 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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