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Howell 4251-4255 US-9 23,534 SF 100% Leased Retail Building Howell, NJ 07731 $12,850,000 ($546.02/SF) 6% 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 New Jersey
- 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
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
23,534 SF
Year Built
2016
Price
$12,850,000
Price Per SF
$546.02
Cap Rate
6%
NOI
$771,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
7.80 AC
Walk Score®
Very Walkable (73)
Nearby Major Retailers
Property Taxes
| Parcel Number | 21-00054-01-00064 | Improvements Assessment | $4,014,600 |
| Land Assessment | $960,000 | Total Assessment | $4,974,600 |
Property Taxes
Parcel Number
21-00054-01-00064
Land Assessment
$960,000
Improvements Assessment
$4,014,600
Total Assessment
$4,974,600
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Howell | 4251-4255 US-9
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