4347 Us-130 Edgewater Park, NJ 08010
7,360 SF Auto Parts Store, Strong ROI
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Investment-grade tenant AutoZone, Inc. (S&P BBB rating) with a corporate guaranteed lease.
- Triple-net (NNN) lease with minimal owner responsibilities.
- Below-market rent of $23.17/sf provides significant upside potential.
- AutoZone extended their lease in March 2020, showcasing strong commitment.
- Three five-year lease options with 10% rent increases each.
- Strong demographics: 201,949 people within five miles, average household income $103,447.
Property Details for 4347 Us-130
- Property type
- Retail properties, Auto shops
- Square Feet
- 7,360 SF
- Class
- A
- Year Built
- 2006
- Buildings
- 1
- Stories
- 1
- Units
- 1
Location Insight
- City
- Edgewater Park
- County
- Burlington
- State
- New Jersey
- Latitude
- 40.0514814
- Longitude
- -74.8971607
Nearby Comparable
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - 7,360 SF Auto Parts Store, Strong ROI
- Where is the retail property located?
- The property is located at 4347 Us-130 Edgewater Park, NJ.
- What is the asking price?
- The asking price for this property is $3,100,363.
- What are key features of this property?
- This property features: Investment-grade tenant AutoZone, Inc. (S&P BBB rating) with a corporate guaranteed lease.; Triple-net (NNN) lease with minimal owner responsibilities.; Below-market rent of $23.17/sf provides significant upside potential.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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