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16 US Highway 46 5,585 SF Retail Building Pine Brook, NJ 07058 $12,093,347 CAD ($2,165.33 CAD/SF) 4.75% Cap Rate
Investment Highlights
- Brand New 20-Year Lease | Scheduled Rental Increases | Options to Extend | Established Brand and C-Store Operator
- Signalized, Hard Corner Intersection | Off Route 46 | Three Ingress/Egress Points Surrounding Retail & Neighborhoods
- Demographics 5-Mile Trade Area | High-Growth Metropolitan Area
- Absolute NNN Ground Lease | Land Ownership | No Landlord Responsibilities
Executive Summary
Single Tenant Absolute NNN.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
5,585 SF
Building Class
B
Year Built
2025
Price
$12,093,347 CAD
Price Per SF
$2,165.33 CAD
Cap Rate
4.75%
NOI
$574,434 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.82 AC
Zoning
B3
Frontage
Amenities
- Pylon Sign
- Accent Lighting
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 21-00162-0000-00007 | Improvements Assessment | $0 CAD |
| Land Assessment | $2,281,526 CAD | Total Assessment | $2,281,526 CAD |
Property Taxes
Parcel Number
21-00162-0000-00007
Land Assessment
$2,281,526 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,281,526 CAD
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16 US Highway 46
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