483 Us Highway 206 S - Freestanding FOR SALE
Newton, NJ 07860 |
$995,000 USD
612-605-8183
483 Us Highway 206 S
Newton, NJ 07860
HIGHLIGHTS
- ESTABLISHED TENANT WITH LONG-TERM COMMITMENT – Safelite has operated at this location since 2008, demonstrating a strong commitment to the site and ma
- PASSIVE INVESTMENT – The tenant takes care of taxes, insurance, and maintenance of the property.
- VALUE-ADD POTENTIAL – The option period rent is subject to mutual agreement, presenting an opportunity to increase rental income as the tenant is curr
- EXPANSION OPPORTUNITY – Situated on a large ±2.31-acre parcel, the property provides ample room for future expansion or redevelopment.
- RECESSION-RESISTANT & E-COMMERCE PROOF – Its services require in-person execution and are tied to insurance and fleet management, making the business
- INDUSTRY LEADER – Safelite is the largest auto glass repair and replacement provider in the U.S., with 800+ locations and 7,800 mobile units
FOR SALE DETAILS
PRICE
$995,000 USD
PRICE/SF
$317 USD /SF
CAP RATE
7.61%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
SAFELITE
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.69 AC
LAND SF
117,161 SF
ZONING
B/A
APN/PARCEL ID
02-00134-0000-00016-02
ASK ABOUT THIS PROPERTY
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612-605-8183
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Please correct the highlighted field(s).
612-605-8183
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