Property Details

Popeyes

Howell, NJ
Property ID: 14799

Financial Summary

Asking Price $1,090,909
Cap Rate 5.50%
Net Operating Income (NOI) $60,000
Lease Type NNN
Lease Term Remaining 15+ Years
Increases 8% Every 5 Years

Offering Memorandum

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Contact

Jonathan W. Hipp
Capital Markets Head of U.S. Net Lease Group
202.644.8700
Richard Murphy, CCIM
Senior Vice President U.S. Capital Markets Net Lease Group
703.288.2700

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Highlights

  • Recent 15-year NNN lease renewal
  • Absolute NNN, no landlord responsibilities
  • Drive-thru location
  • Excellent location with high visibility with 43,000+ vehicles passing the site daily
  • Broker of Record, Jeff Heller Lic No 1224347

Net Lease Advisor

For more information on this tenant, including averages, overview and credit ratings, visit NetLeaseAdvisor.com.

Location

4270 U.S. 9
Howell, NJ

Amanda WillisPopeyes