Commercial Real Estate in Wall Township available for sale
Wall Township NNN Properties For Sale

NNN Properties for Sale within 50 kilometers of Wall Township, NJ, USA

More details for 1515 Richmond Ave, Point Pleasant Beach, NJ - Office for Sale

1515 Richmond Ave

Point Pleasant Beach, NJ 08742

  • NNN Property
  • Office for Sale
  • $1,793,220 CAD
  • 4,300 SF
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More details for 151 Industrial Loop, Staten Island, NY - Retail for Sale

151 Industrial Loop

Staten Island, NY 10309

  • NNN Property
  • Retail for Sale
  • $4,827,900 CAD
  • 15,000 SF
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More details for 1002 Brighton Beach Ave, Brooklyn, NY - Retail for Sale

Chase Bank - 1002 Brighton Beach Ave

Brooklyn, NY 11235

  • NNN Property
  • Retail for Sale
  • $35,174,700 CAD
  • 16,900 SF
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More details for 4251 Us Highway 9, Howell, NJ - Retail for Sale

4251 Us Highway 9

Howell, NJ 07731

  • NNN Property
  • Retail for Sale
  • $20,257,869 CAD
  • 23,534 SF
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More details for 963 US Highway 9, South Amboy, NJ - Retail for Sale

963 US Highway 9

South Amboy, NJ 08879

  • NNN Property
  • Retail for Sale
  • $6,655,605 CAD
  • 10,200 SF
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More details for 1200 State Route 35, Middletown, NJ - Retail for Sale

CVS - 1200 State Route 35

Middletown, NJ 07748

  • NNN Property
  • Retail for Sale
  • $15,035,460 CAD
  • 13,567 SF

Middletown Retail for Sale - Eastern Monmouth

Boston Real Estate Advisors is pleased to present this exclusive opportunity to purchase a net-leased CVS property located at 1200 Highway 35 South in Middletown, New Jersey (the “Property”). There is 20 years remaining on the initial 25-year lease term with 8, five year renewal options. The option periods include a 10% rent increase at the start of each option period. The property is located at a highly visible, 1.9 acre corner parcel at the intersection of Route 35 and New Monmouth Road in a strong retail area. Middletown is located in northern New Jersey and is a part of the New York Metropolitan area. INVESTMENT HIGHLIGHTS: *INITIAL 25-YEAR TERM: There are 21 years remaining on the initial 25-year lease term with 8, five-year renewal options that include a 10% rent increase at the start of each option period. *BUILDING CONSTRUCTION DATE: The building was constructed in 2019. *INVESTMENT GRADE CREDIT: The lease Guarantor is CVS Health Corporation (NYSE: CVS). CVS has a credit rating at BBB+ (S&P) and Baal (Moody’s) *LOCATION: The property is located at a signalized corner parcel at the intersection of Route 35 and New Monmouth Road. *HIGH TRAFFIC COUNTS: Route 35 has an average daily traffic count of over 30,000 vehicles and New Monmouth Road has an average daily traffic count of over 11,000 vehicles. *DEMOGRAPHICS: There are over 50,000 people living within a 3-mile radius to the property with an average household income of over $130,000.

Contact:

Boston Real Estate/Coastline Real Estate Advisors

Property Subtype:

Drug Store

Date on Market:

2023-05-17

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