1425 US Highway 46 - Car Washes FOR SALE


Ledgewood, NJ 07852
$6,539,714 USD
332-345-4222
1425 US Highway 46, Ledgewood, NJ for Sale
$6,539,714 USD
Car Washes - FOR SALE
1/2
null | 7% Cap Rate

1425 US Highway 46
Ledgewood, NJ 07852


OVERVIEW

? Long-Term, 21-Year Absolute Triple Net (NNN) Lease | Over 20 Years of NNN Term Remain | Zero Landlord Responsibilities ? Extremely Strong Store Opening | Set a Single Day Record for Most Car Washes Upon Opening ? Located One-Mile Away from The Shops at Ledgewood Commons | Approximately 22 National Stores With Several Anchor Tenants | Walmart, Home Depot, Kohl’s, Marshalls, Old Navy, Burlington and a Few More ? 2.00% Annual Rental Increases | Ideal Location for a Car Wash in Affluent Core New Jersey Market ? High Exposure Location| Route 46 and Interstate 80 | 45,300 and 92,500 Vehicles Per Day, Respectively ? Ideal Consumer Base for Vehicle Repair Services that Spark Offers ? Average Household Income of Over $142,000

FOR SALE DETAILS

PRICE

$6,539,714 USD

PRICE/SF

$1,013 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Spark Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

-

APN/PARCEL ID

36-08602-0000-00042

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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