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360 US Highway 9 2,500 SF 100% Leased Retail Building Manalapan Township, NJ 07726 $3,300,991 CAD ($1,320.40 CAD/SF) 6.22% Cap Rate
Investment Highlights
- Population is 5,891 within a 1 mile radius
Executive Summary
BRAND NEW CONSTRUCTION, 10-YEAR LEASE WITH INCREASES EVERY 5 YEARS
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,500 SF
Building Class
B
Year Built
2024
Price
$3,300,991 CAD
Price Per SF
$1,320.40 CAD
Cap Rate
6.22%
NOI
$205,275 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.09
Lot Size
0.63 AC
Zoning
C-12.5 - Commerical
Frontage
177’ on U.S. 9
Amenities
- Restaurant
Nearby Major Retailers
Property Taxes
| Parcel Number | 28-00008-0000-00011-03 | Improvements Assessment | $0 CAD |
| Land Assessment | $573,565 CAD | Total Assessment | $573,565 CAD |
Property Taxes
Parcel Number
28-00008-0000-00011-03
Land Assessment
$573,565 CAD
Improvements Assessment
$0 CAD
Total Assessment
$573,565 CAD
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360 US Highway 9
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