586 Berlin Cross Keys Rd - Spark Car Wash 1,800 SF Specialty Building Offered at $5,433,614 at a 7% Cap Rate in Sicklerville, NJ 08081
INVESTMENT HIGHLIGHTS
- ? Long-Term, 21-Year Absolute Triple Net (NNN) Lease | Over 19 Years of NNN Term Remain
- ? 1.75% Annual Rental Increases | Ideal Location for a Car Wash in Affluent Core New Jersey Market
EXECUTIVE SUMMARY
Long-Term, 21-Year Absolute Triple Net (NNN) Lease | Over 19 Years of NNN Term Remain
PROPERTY FACTS
| Price | $5,433,614 |
| Price Per SF | $3,018.67 |
| Sale Type | Investment |
| Cap Rate | 7% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Lot Size | 1.13 AC |
| Building Size | 1,800 SF |
| No. Stories | 1 |
| Year Built | 2006 |
| Parking Ratio | 12.78/1,000 SF |
| Zoning | C - Commercial |
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 36-00502-0000-00001 | Improvements Assessment | $287,300 |
| Land Assessment | $810,700 | Total Assessment | $1,098,000 |
CONTACTS
-
Glen Kunofsky -
Anthony D'Ambrosia -
Josh Kanter -
Ilan Bley -
NNN Pro Group
