Log In/Sign Up
Your email has been sent.
Advance Auto Parts 1130 Route 46 6,810 SF 100% Leased Retail Building Ledgewood, NJ 07852 $3,202,423 CAD ($470.25 CAD/SF) 6.15% Cap Rate
Investment Highlights
- 2016 build-to-suit construction for Advance Auto Parts, all red brick prototype
- Corporately guaranteed lease from Advance Stores Company, Inc. (S&P Rated BB)
- Ledgewood located just 40-miles West of Manhattan NY with strong connectivity
- ±9.5 Years remaining on NNN lease with Three, 5-Year extension options
- 5-Mile population of 110,219 with average household income of $170,144 annually
- Essential retailer with consistent operations and rent payments through COVID-19
Executive Summary
Patrick Forde
License # 122887, 2330333 (NJ)
Matthews Real Estate Investment Services, Inc
300 Frank W Burr Blvd, Suite 440 Teaneck, NJ 07666
(866) 889-0550
License # 122887, 2330333 (NJ)
Matthews Real Estate Investment Services, Inc
300 Frank W Burr Blvd, Suite 440 Teaneck, NJ 07666
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
6,810 SF
Year Built
2016
Price
$3,202,423 CAD
Price Per SF
$470.25 CAD
Cap Rate
6.15%
NOI
$196,949 CAD
Percent Leased
100%
Building Height
1 Story
Parking
14 Spaces (2.06 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100
Nearby Major Retailers
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Advance Auto Parts | 1130 Route 46
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.