Cannibus Location | 100 Car Dealership | 4379 Route 130 S
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Cannibus Location | 100 Car Dealership 4379 Route 130 S
3,306 SF Retail Building Burlington, NJ 08016 $1,588,888 ($481/SF) 6.35% Cap Rate
Executive Summary
KW Commercial and The Elia Realty Group are proud to present an exciting new opportunity to own a commercial property in Burlington, NJ! This car dealership is prime for a new owner-user to come in and operate or an investor to purchase and seek a return on his or her monies. Introducing the Ultimate Destination for Automotive Excellence: Welcome to our 100 Car Dealership in New Jersey!
This property is great for an owner-user or an investor seeking a return on his investment. The current tenant is M/M with a $10,000/month rental rate. The tenant pays all operating expenses associated with the property except for the taxes. The taxes can be negotiated with the current tenant to be passed along, with a new owner purchasing the property. This would increase the NOI and value of the property significantly.
Look no further than our prestigious dealership, nestled in the heart of New Jersey, where automotive dreams come true. With an impressive selection of 100+ cars from the world's most renowned brands, we are your one-stop destination for luxury, performance, and style.
This property is great for an owner-user or an investor seeking a return on his investment. The current tenant is M/M with a $10,000/month rental rate. The tenant pays all operating expenses associated with the property except for the taxes. The taxes can be negotiated with the current tenant to be passed along, with a new owner purchasing the property. This would increase the NOI and value of the property significantly.
Look no further than our prestigious dealership, nestled in the heart of New Jersey, where automotive dreams come true. With an impressive selection of 100+ cars from the world's most renowned brands, we are your one-stop destination for luxury, performance, and style.
Data Room Click Here to Access
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,306 SF
Building Class
C
Year Built/Renovated
1977/2015
Price
$1,588,888
Price Per SF
$481
Cap Rate
6.35%
NOI
$100,894
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Land Acres
0.88 AC
Zoning
Commercial
Parking
100 Spaces (30.25 Spaces per 1,000 SF Leased)
Frontage
210 FT on U.S. 130
Amenities
- 24 Hour Access
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 12-01801-0000-00005 | Improvements Assessment | $158,200 |
| Land Assessment | $400,000 | Total Assessment | $558,200 |
PROPERTY TAXES
Parcel Number
12-01801-0000-00005
Land Assessment
$400,000
Improvements Assessment
$158,200
Total Assessment
$558,200
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Bruce Elia -
Nadine Khalil -
KW Commercial Fort Lee
(201) 917-5884
x701
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Cannibus Location | 100 Car Dealership | 4379 Route 130 S
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