310-312 US-22 Hwy - Veterinarian/Kennel FOR SALE


Green Brook, NJ 08812
$4,482,645 USD
781-776-4003
310-312 US-22 Hwy, Green Brook, NJ for Sale
$4,482,645 USD
Veterinarian/Kennel - FOR SALE
1/7
null | 7.5% Cap Rate

310-312 US-22 Hwy
Green Brook, NJ 08812


HIGHLIGHTS

  • Long Term Lease
  • Substantial Rent Increases
  • Corporate Lease
  • Zero Landlord Responsibilities
  • Strategic Location
  • Recession & E-Commerce Resistant Tenant

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the fee simple interest in a Best Friends Pet Care located at 310-312 Route 22 W in Green Brook, New Jersey (the “Property”). The build-to-suit Property was constructed in 2019 and Best Friends Pet Care has 9+ years remaining on their Absolute NNN lease with three (3), 5-year renewal options. The Lease features an attractive 1.5% annual rent increase throughout the primary lease term and renewal options. The Property is exceptionally well located along US Route 22, the area’s primary commercial and commuter corridor. The well-maintained Property enjoys outstanding visibility and frontage and is surrounded by national and local retailers and restaurants that drive traffic to the area. The Property is also convenient to the area’s densely populated residential neighborhoods providing a built-in customer base. The Property is easily accessible from Interstate 287 and NJ Route 28 and is only 35-miles southwest of New York City.

FOR SALE DETAILS

PRICE

$4,482,645 USD

PRICE/SF

$433 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Best Friends Pet Care

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Veterinarian/Kennel

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

-

APN/PARCEL ID

09-00103-0000-00014

ASK ABOUT THIS PROPERTY

Robert HorvathHorvath & TremblayMore Info
781-776-4003

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

Robert HorvathHorvath & TremblayMore Info
781-776-4003

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