465 NJ-37 Rt | Toms River, NJ 08753
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
465 NJ-37 Rt
Toms River, NJ 08753
Chipotle · Retail Property For Sale
Investment Highlights
- 2023 new construction prototype featuring Chipotle's “Chipotlane”, which functions as a drive thru and a pickup window for online orders.
- 10% rental increases every 5 years in the base term of the lease and in each option period
- More than 133,000 residents and Average Household Incomes ranging from $116,973-$123,579 in the 5-mile radius
- Corporately guaranteed, long-term NNN lease with 14+ years remaining and 3x5yr options to renew
- Excellent signage, visibility at the signalized corner of NJ-37 and Washington Street (combined 43,500+ VPD) and features ingress/egress on both roads
- Surrounded by National Retailers - Stop & Shop, Big Lots, Walgreens, Wendy's, McDonalds, Taco Bell, Retro Fitness, Wawa, Advance Auto Parts and more
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,325 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.70 AC
Zoning
C - Commercial/Retail/Business zoning
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 08-00723-0000-00002 | Improvements Assessment | $632,700 |
| Land Assessment | $414,000 | Total Assessment | $1,046,700 |
Property Taxes
Parcel Number
08-00723-0000-00002
Land Assessment
$414,000
Improvements Assessment
$632,700
Total Assessment
$1,046,700
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
