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- LoopNet Team
249 White Horse Pike
Atco, NJ 08004
Retail Property For Sale
PROPERTY FACTS
Amenities
- Banking
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
About 249 White Horse Pike , Atco, NJ 08004
Price $1,561,000 Cap Rate 6.00% NOI $93,654 Term Remaining 11 YRS Occupancy 100% Status available VIEW MAP LISTED BY GARY CHOU SVP & SENIOR DIRECTOR GARY.CHOU@MATTHEWS.COM +1 (310) 919-5827License No. 01911222 DOWNLOAD OFFERING MEMORANDUM Broker of Record Ray Smith License No. 7868129 Stafford Smith Realty 630 Broad Street, Shrewsbury, NJ 07702 (732) 747-1000 INVESTMENT HIGHLIGHTS STABILIZED LONG-TERM INVESTMENT Long Term Lease – 11 years remaining on original 15-year lease Rare Annual Increases – Lease payments are scheduled to increase 2% annually – Excellent hedge against inflation Absolute NNN Investment – Tenant takes care of Taxes, Insurance, Maintenance, Parking Lot, Roof and Structure CORPORATE SIGNATURE Stable & Profitable Tenant – BB&T has annual revenues of over $12.15 billion and over 2,049 branches across 15 states. Healthy Deposits – This BB&T location has 36.23% market share with over $84 million in deposits Investment Grade Credit – BB&T’s Long Term/Senior Debt credit is graded A- by S&P and A2 by Moody’s with a “Stable” outlook from both STRONG REAL ESTATE FUNDAMENTALS Philadelphia Suburb – Over 5,400 people in a 1-mile, 24,300 people in a 3-mile, and 74,600 in a 5-mile Attractive Average Household Incomes – $98,900 in a 1-mile, $100,200 in a 3-mile and 103,000 in a 5-mile Robust Traffic Counts – Strategically located on White Horse Pike which sees over 23,000 vehicles in average daily traffic
Links
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | $569,400 |
Land Assessment | $188,300 | Total Assessment | $757,700 |
PROPERTY TAXES
- 35-00303-0000-00001
- 35-00601-0000-00001-0000-QFARM
Learn More About Investing in Retail Properties
Listing ID: 14440695
Date on Market: 11/19/2018
Last Updated:
Address: 249 White Horse Pike, Atco, NJ 08004
The Retail Property at 249 White Horse Pike, Atco, NJ 08004 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.