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Howell NJ 4251-4255 US-9 23,534 SF Retail Building Howell, NJ 07731 $18,610,406 CAD ($790.79 CAD/SF) 5.78% Cap Rate

INVESTMENT HIGHLIGHTS
- Fully occupied by long-standing national credit tenants with staggered expirations in 2036, 2041, and 2042.
- This QuickChek falls into the 92nd percentile for visits among QuickCheks nationwide and the 93rd percentile for those in NJ.
- Located on Route 9 within the retail corridor, the property sees high year-round traffic, with over 53,000 vehicles per day.
- Surrounded by a population of over 51,000 residents within three miles, with an average household income of over $150,000 within one mile.
- The CVS ranks in the 72nd percentile for sales and 66th percentile for visits among all CVS locations nationwide.
EXECUTIVE SUMMARY
Acquire a 3-Tenant net lease shopping center in Howell, NJ situated in the heart of the area's retail corridor. Conveniently located at a signalized intersection that allows for access from both sides of the highway, the subject property boasts an average household income above $150,000 within one mile.
DATA ROOM Click Here to Access
- Offering Memorandum
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
23,534 SF
Year Built
2016
Price
$18,610,406 CAD
Price Per SF
$790.79 CAD
Cap Rate
5.78%
NOI
$1,076,254 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
7.00 AC
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Citizens Bank
- -
-
99,999 SF
- -
-
Jan 0000
- CVS Pharmacy
- -
-
99,999 SF
- -
-
Jan 0000
- QuickChek
- -
-
99,999 SF
- -
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Citizens Bank | - | 99,999 SF | - | Jan 0000 | ||
| CVS Pharmacy | - | 99,999 SF | - | Jan 0000 | ||
| QuickChek | - | 99,999 SF | - | Jan 0000 |
Walk Score®
Very Walkable (73)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 21-00054-01-00064 | Improvements Assessment | $5,664,601 CAD (2025) |
| Land Assessment | $1,354,560 CAD (2025) | Total Assessment | $7,019,161 CAD (2025) |
PROPERTY TAXES
Parcel Number
21-00054-01-00064
Land Assessment
$1,354,560 CAD (2025)
Improvements Assessment
$5,664,601 CAD (2025)
Total Assessment
$7,019,161 CAD (2025)
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Howell NJ | 4251-4255 US-9
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