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Vive Collision 200 Centennial Blvd 8,767 SF 100% Leased Retail Building Voorhees, NJ 08043 $4,468,662 CAD ($509.71 CAD/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Strong Corporate Guarantee
- Strong Private Equity Backing
- Recession-Resistant Industry
- Large Lot
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a VIVE Collision (DBA First Choice Collision) located at 200 Centennial Blvd., Voorhees Township, NJ 08043. The site consists of roughly 8,767 rentable square feet of building space on an estimated 1.95-acre parcel of land. This VIVE Collision (DBA First Choice Collision) is subject to a 20-year Triple Net (NNN) lease, which commenced 10/2/2023. The current annual rent is $208,080 and has scheduled increases of 2.00% annually.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
8,767 SF
Building Class
C
Year Built
1979
Price
$4,468,662 CAD
Price Per SF
$509.71 CAD
Cap Rate
6.50%
NOI
$290,463 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.10
Lot Size
1.95 AC
Zoning
EIB
PROPERTY TAXES
| Parcel Number | 34-00206-0000-00002-01 | Improvements Assessment | $808,503 CAD |
| Land Assessment | $1,100,580 CAD | Total Assessment | $1,909,083 CAD |
PROPERTY TAXES
Parcel Number
34-00206-0000-00002-01
Land Assessment
$1,100,580 CAD
Improvements Assessment
$808,503 CAD
Total Assessment
$1,909,083 CAD
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Vive Collision | 200 Centennial Blvd
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