Freestanding For Sale • 12,000 SF
| Dollar Tree recently extended their lease for the third time showing a strong commitment to this location. |
| Leasehold ownership structure creates excellent after-tax returns due to the owner's ability to depreciate the improvements 100% |
| Ideally situated in front of an established Home Depot and in close proximity to CVS, Stop & Shop, Advance Auto, Dunkin Donuts, IHOP, and 7-eleven. |
| The ground lease has over 71 years remaining on the base term with an annual rent of only $1. |
| Highly desirable Northern NJ/NYC MSA real estate and demographics, less than 22 miles from Manhattan. |
| Situated on Route 35 with traffic counts exceeding 45,047 vehicles per day and less than 1 mile from the Garden State Parkway with another 98,890 VPD. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Hazlet (North Jersey Coast Line - NJ Transit Commuter Rail (NJ Transit)) | 2 min | - | 0.9 mi |
| Aberdeen Matawan (North Jersey Coast Line - NJ Transit Commuter Rail (NJ Transit)) | 4 min | - | 2.2 mi |
| Airport | Drive | Walk | Distance |
| Newark Liberty International | 39 min | - | 28.2 mi |
| LaGuardia | 68 min | - | 45.6 mi |
| John F Kennedy International | 71 min | - | 48.8 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Surface |
| Included in Rent: | Yes |