4251-4255 US-9 - Retail FOR SALE


Howell, NJ 07731
$13,332,000 USD
646-996-3709
4251-4255 US-9, Howell, NJ for Sale
$13,332,000 USD
Retail - FOR SALE
1/1
null | 5.78% Cap Rate

4251-4255 US-9
Howell, NJ 07731


HIGHLIGHTS

  • Fully occupied by long-standing national credit tenants with staggered expirations in 2036, 2041, and 2042.
  • Surrounded by a population of over 51,000 residents within three miles, with an average household income of over $150,000 within one mile.
  • This QuickChek falls into the 92nd percentile for visits among QuickCheks nationwide and the 93rd percentile for those in NJ.
  • The CVS ranks in the 72nd percentile for sales and 66th percentile for visits among all CVS locations nationwide.
  • Located on Route 9 within the retail corridor, the property sees high year-round traffic, with over 53,000 vehicles per day.

OVERVIEW

Acquire a 3-Tenant net lease shopping center in Howell, NJ situated in the heart of the area's retail corridor. Conveniently located at a signalized intersection that allows for access from both sides of the highway, the subject property boasts an average household income above $150,000 within one mile.

FOR SALE DETAILS

PRICE

$13,332,000 USD

PRICE/SF

$566 USD /SF

CAP RATE

5.78%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Howell NJ

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7 AC

LAND SF

304,920 SF

ZONING

-

APN/PARCEL ID

21-00054-01-00064

ASK ABOUT THIS PROPERTY

Steven SiegelMarcus & MillichapMore Info
646-996-3709

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Steven SiegelMarcus & MillichapMore Info
646-996-3709

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