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360 US Highway 9 1,385 SF 100% Leased Retail Building Manalapan Township, NJ 07726 $2,419,354 ($1,746.83/SF) 6.22% Cap Rate
INVESTMENT HIGHLIGHTS
- Population is 5,891 within a 1 mile radius
EXECUTIVE SUMMARY
BRAND NEW CONSTRUCTION, 10-YEAR LEASE WITH INCREASES EVERY 5 YEARS
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,385 SF
Building Class
B
Year Built
2024
Price
$2,419,354
Price Per SF
$1,746.83
Cap Rate
6.22%
NOI
$150,450
Percent Leased
100%
Building Height
1 Story
Building FAR
0.05
Lot Size
0.63 AC
Zoning
C-12.5 - Commerical
Frontage
177’ on U.S. 9
AMENITIES
- Restaurant
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 28-00008-0000-00011-03 | Improvements Assessment | $0 |
| Land Assessment | $420,000 | Total Assessment | $420,000 |
PROPERTY TAXES
Parcel Number
28-00008-0000-00011-03
Land Assessment
$420,000
Improvements Assessment
$0
Total Assessment
$420,000
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360 US Highway 9
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