232 Highway 70 - Retail FOR SALE


Toms River, NJ 08755
$3,196,893 USD
914-403-7574
232 Highway 70, Toms River, NJ for Sale
$3,196,893 USD
Retail - FOR SALE
1/3
null | 5.15% Cap Rate

232 Highway 70
Toms River, NJ 08755


HIGHLIGHTS

  • Long-Standing, High-Performing Location
  • Strong Demographics
  • Strong Traffic Counts & Excellent Visibility
  • Large Parcel With Drive-Thru Configuration

OVERVIEW

Surmount is pleased to present the exclusive listing for a Wendy's located at 232 New Jersey 70, Toms River, NJ 08755. The site consists of roughly 2,907 rentable square feet of building space on an estimated 1.00-acre parcel of land. This Wendy's is subject to a 25-year Triple Net (NNN) lease, which commenced 6/2/2025. The current annual rent is $164,640 and has scheduled increases of 10.00% Every 5 Years.

FOR SALE DETAILS

PRICE

$3,196,893 USD

PRICE/SF

$1,100 USD /SF

CAP RATE

5.15%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wendy’s

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

08-00120-10-00002

ASK ABOUT THIS PROPERTY

914-403-7574

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914-403-7574

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