257 Us Highway 206 | Flanders, NJ 07836
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257 Us Highway 206
Flanders, NJ 07836
Mavis Discount Tire · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- NN Lease Structure with Minimal Landlord Responsibilities
- Attractive Rental Increases of Ten Percent (10%) Every Five (5) Years - Inflation Resistant Investment
- 8 Bays with Ample Parking and Excellent Ingress/Egress into the Site
- 18 Years Remaining on the Lease Term - Tenant EXERCISED a 5 Year Option Early in April 2020 During COVID-19
- Long Term Lease With 18 Years Remaining - Tenant Recently Recently Exercised an Option Early
- Essential Business - Tenant Open and Operating During Pandemic Shutdown
PROPERTY FACTS
Property Type
Retail
Property Subtype
Service Station
Building Size
8,352 SF
Building Class
C
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.18 AC
Zoning
C-2
Parking
8 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
100’ on US Highway 206
PROPERTY TAXES
| Parcel Number | 27-05401-0000-00017 | Improvements Assessment | $547,300 |
| Land Assessment | $248,700 | Total Assessment | $796,000 |
PROPERTY TAXES
Parcel Number
27-05401-0000-00017
Land Assessment
$248,700
Improvements Assessment
$547,300
Total Assessment
$796,000
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