110 Hancock Ln - Restaurant FOR SALE


Mount Holly, NJ 08060
$4,685,898 USD
404-504-7900
110 Hancock Ln, Mount Holly, NJ for Sale
$4,685,898 USD
Restaurant - FOR SALE
1/14
null | 5.75% Cap Rate

110 Hancock Ln
Mount Holly, NJ 08060


HIGHLIGHTS

  • Absolute NNN Lease | Annual Rent Increases
  • Strong Performance
  • Excellent Interstate Access & Visibility | New Jersey Turnpike (84,022 VPD) | I-295 (110,205 VPD)
  • Strategic Location | Surrounded by More Than 615 Hotel Rooms Within 1 Mile
  • Proximate to Retail Powerhouses | Towne Crossing (414,254 SF) & Liberty Square Center (380,383 SF)
  • Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA (MSA Population: 6.3M+)

OVERVIEW

The CBRE Net Lease Property Group is pleased to offer for sale the 10,033-square-foot Cracker Barrel situated on 4.68 acres in Mount Holly, New Jersey — part of the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA (MSA Population: 6.3M+). Cracker Barrel's absolute NNN lease features ±14.9 years of primary term remaining with 1% annual rent increases throughout the remainder of the term and in each of the ten, 5-year renewal options (six fixed renewal terms, followed by four FMV renewal terms).

FOR SALE DETAILS

PRICE

$4,685,898 USD

PRICE/SF

$467 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cracker Barrel: Mount Holly, NJ

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

144

LAND DETAILS

LAND ACRES

4.68 AC

LAND SF

203,861 SF

ZONING

C-N

APN/PARCEL ID

37-00905-0000-00001

ASK ABOUT THIS PROPERTY

Brian PfohlCBREMore Info
404-504-7900

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Brian PfohlCBREMore Info
404-504-7900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.