Property Details

Advance Auto Parts

Williamstown, NJ
Property ID: 4964

Financial Summary

Asking Price $2,280,000
Cap Rate 5.90%
Net Operating Income (NOI) $134,472
Lease Type NN
Lease Term Remaining 12.75 Years
Increases 10% Every 5 Years in Options
The Offering Memorandum for this property is no longer available.

Contact

Andrew Fallon
Executive Managing Director
703.787.4733

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Highlights

  • 13 years remaining on fee simple lease
  • 10% rent increases in option periods
  • Located alongside other national retailers including Wawa, Burger King, Domino’s, Dunkin’ Donuts, McDonald’s, TD Bank, Walgreens & more
  • Strong demographics within 3-miles including population of 42,000 with an average income of $80,000

Location

206 Washington Ave
Williamstown, NJ

Leigh ClineAdvance Auto Parts