1130 Route 46 - Retail FOR SALE
Ledgewood, NJ 07852 |
$2,287,886 USD
214-692-2289
1130 Route 46
Ledgewood, NJ 07852
HIGHLIGHTS
- 2016 build-to-suit construction for Advance Auto Parts, all red brick prototype
- ±9.5 Years remaining on NNN lease with Three, 5-Year extension options
- Corporately guaranteed lease from Advance Stores Company, Inc. (S&P Rated BB)
- 5-Mile population of 110,219 with average household income of $170,144 annually
- Ledgewood located just 40-miles West of Manhattan NY with strong connectivity
- Essential retailer with consistent operations and rent payments through COVID-19
FOR SALE DETAILS
PRICE
$2,287,886 USD
PRICE/SF
$336 USD /SF
CAP RATE
6.15%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Advance Auto Parts
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2016
SPRINKLERS
-
PARKING SPACES
14
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
36-06501-0000-00018
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214-692-2289
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214-692-2289
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