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188 Kiel Ave
Butler, NJ 07405
CVS Leasehold | New 20yr Corp Abs NNN | DrThr · Retail Property For Sale
Investment Highlights
- Brand New 20-Year Lease | Corporate Guaranteed |Investment Grade Tenant (S&P: BBB) | Brand New Construction
- Across from Grocery Anchored Center | Residential Development | Nearby Apartments (700+ Units)
- Direct Residential Consumer Base | Six-Figure Incomes |Strong Demographics in 5-Mile Trade Area
- Absolute NNN | Leasehold Ownership | Zero Landlord Responsibilities
- Signalized, Hard Corner Intersection | Drive-Thru Equipped |Excellent Visibility & Access
Property Facts
Property Type
Building Size
14,823 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.92
Lot Size
0.37 AC
Zoning
Commercial
Parking
26 Spaces (3.31 Spaces per 1,000 SF Leased)
Frontage
383’ on Kiel Avenue
Amenities
- Corner Lot
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 03-00053-0000-00002 | Improvements Assessment | $1,194,400 |
| Land Assessment | $463,300 | Total Assessment | $1,657,700 |
Property Taxes
Parcel Number
03-00053-0000-00002
Land Assessment
$463,300
Improvements Assessment
$1,194,400
Total Assessment
$1,657,700
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