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 |
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
