Quick Chek + Verizon Cell Tower | 354 Kinderkamack Rd
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Quick Chek + Verizon Cell Tower 354 Kinderkamack Rd
4,700 SF Retail Building Emerson, NJ 07630 $2,940,000 ($626/SF) 6% Cap Rate
Investment Highlights
- History of Long-Term Occupancy – QuickChek Has Been Operating Out Of This Location Since 1996 With A 15 Year Initial Lease
- In Addition to QuickChek, There is a Verizon Cell Tower on the Property
- Tenant Is Currently In Their 3rd Renewal Option with (1) - 5 Year Option Remaining
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,700 SF
Building Class
C
Year Built
1997
Price
$2,940,000
Price Per SF
$626
Cap Rate
6%
NOI
$176,413
Tenancy
Single
Building Height
1 Story
Slab To Slab
12’
Building FAR
0.27
Lot Size
0.40 AC
Zoning
R 7.5, Emerson
Parking
25 Spaces (5.32 Spaces per 1,000 SF Leased)
Frontage
50 FT on Kinderkamack
Walk Score ®
Very Walkable (73)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 14-00211-0000-00002 | Improvements Assessment | $866,000 |
| Land Assessment | $449,000 | Total Assessment | $1,315,000 |
PROPERTY TAXES
Parcel Number
14-00211-0000-00002
Land Assessment
$449,000
Improvements Assessment
$866,000
Total Assessment
$1,315,000
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Quick Chek + Verizon Cell Tower | 354 Kinderkamack Rd
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