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Flagship Car Wash 130 Browning Ln 4,950 SF 100% Leased Retail Building Brooklawn, NJ 08030 $9,194,580 CAD ($1,857.49 CAD/SF) 6.35% Cap Rate
Investment Highlights
- Bonus Depreciation Opportunity
- Strong Demographics & Affluent Community
- Flagship Carwash Corporate Guarantee
- Prime Outparcel to Brooklawn Shopping Center
Executive Summary
Surmount is pleased to present the exclusive listing for a Flagship Car Wash located at 130 Browning Lane, Brooklawn, NJ 08030. The site consists of roughly 4,950 rentable square feet of building space on an estimated 1.49-acre parcel of land. Flagship Car Wash is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $428,625 and has scheduled increases of 1.50% Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
4,950 SF
Building Class
C
Year Built
2025
Price
$9,194,580 CAD
Price Per SF
$1,857.49 CAD
Cap Rate
6.35%
NOI
$583,856 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.24
Lot Size
0.48 AC
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Nearby Major Retailers
Contacts
-
James Westerberg -
Robert Stein -
Tyler Hardin -
Glen Kunofsky -
Christopher Marks -
Surmount
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Flagship Car Wash | 130 Browning Ln
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