Log In/Sign Up
Your email has been sent.
Howell NJ 4251-4255 US-9 23,534 SF Retail Building Howell, NJ 07731 $13,332,000 ($566.50/SF) 5.78% Cap Rate
INVESTMENT HIGHLIGHTS
- Fully occupied by long-standing national credit tenants with staggered expirations in 2036, 2041, and 2042.
- This QuickChek falls into the 92nd percentile for visits among QuickCheks nationwide and the 93rd percentile for those in NJ.
- Located on Route 9 within the retail corridor, the property sees high year-round traffic, with over 53,000 vehicles per day.
- Surrounded by a population of over 51,000 residents within three miles, with an average household income of over $150,000 within one mile.
- The CVS ranks in the 72nd percentile for sales and 66th percentile for visits among all CVS locations nationwide.
EXECUTIVE SUMMARY
Acquire a 3-Tenant net lease shopping center in Howell, NJ situated in the heart of the area's retail corridor. Conveniently located at a signalized intersection that allows for access from both sides of the highway, the subject property boasts an average household income above $150,000 within one mile.
DATA ROOM Click Here to Access
- Offering Memorandum
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
23,534 SF
Year Built
2016
Price
$13,332,000
Price Per SF
$566.50
Cap Rate
5.78%
NOI
$771,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
7.00 AC
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Citizens Bank
- -
-
99,999 SF
- -
-
Jan 0000
- CVS Pharmacy
- -
-
99,999 SF
- -
-
Jan 0000
- QuickChek
- -
-
99,999 SF
- -
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Citizens Bank | - | 99,999 SF | - | Jan 0000 | ||
| CVS Pharmacy | - | 99,999 SF | - | Jan 0000 | ||
| QuickChek | - | 99,999 SF | - | Jan 0000 |
Walk Score®
Very Walkable (73)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 21-00054-01-00064 | Improvements Assessment | $4,014,600 (2025) |
| Land Assessment | $960,000 (2025) | Total Assessment | $4,974,600 (2025) |
PROPERTY TAXES
Parcel Number
21-00054-01-00064
Land Assessment
$960,000 (2025)
Improvements Assessment
$4,014,600 (2025)
Total Assessment
$4,974,600 (2025)
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Howell NJ | 4251-4255 US-9
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.