Property Description

5,051 Sq. Ft. Freestanding New Construction in High Visibility Location at the Corner of Highway 36 and Florence Avenue.  100% Leased to Wawa Convenience Store Under a Ground Lease with a 20-Year Base Term and 6 Five-Year Options.  10% Rental Increases Every 5 Years During Initial Term and Options.  CAP Rate 4.5%, NOI $350,000.  Easy Access to Highway 35 and the Garden State Parkway.

Property Types
: Retail
Address Map
US
NJ
Monmouth
Hazlet
07730
1413
Highway 36
07730
Eastern Region
E0° 0' 0''
N0° 0' 0''

Hazlet Wawa (#4627)

1413 Highway 36, Hazlet, Monmouth, New Jersey, United States 07730

5,051 Sqft
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Basic Details
Property Type : Commercial
Contract Type : For Sale
Price : Login or Register to see price!
Building Info
Building Size : 5,051 Sqft
Land Area : 3.01 Acre
Zoning : B-H ~ Business Highway, R-100 ~ Single Family Resi
Block # : 63
Lot # : 1, 1.01, 2, 3, 8
Sales Info
Commission : 2
Available Dates
From Date : 03/06/2020
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