1096 Highway 33
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1096 Highway 33
14,490 SF Retail Building Trenton, NJ 08690 $19,229,398 CAD ($1,327 CAD/SF) 5.27% Cap Rate
Investment Highlights
- Absolute NNN Leases W/ Zero Landlord Responsibilities | Two Buildings on one Parcel
- Rare Walgreens Lease With Increases in Rent During the Option Periods
- Strategically Located Hospital Location Walgreens | Subject Property is One Mile North of Robert Wood Johnson University Hospital Which has 965 Beds
- Walgreens Corporate Guarantee (S&P BBB) Investment Credit Tenancy
- Strong Performing Walgreens | Extended Hours - Midnight Location
- Hard Corner - Signalized Intersection | Traffic Counts Boast in Excess of 29,000 Vehicles Per Day
Executive Summary
Absolute NNN Leases W/ Zero Landlord Responsibilities | Two Buildings on one Parcel
Walgreens Corporate Guarantee (S&P BBB) Investment Credit Tenancy
Rare Walgreens Lease With Increases in Rent During the Option Periods
Strong Performing Walgreens | Extended Hours - Midnight Location
Strategically Located Hospital Location Walgreens | Subject Property is One Mile North of Robert Wood Johnson University Hospital Which has 965 Beds
Hard Corner - Signalized Intersection | Traffic Counts Boast in Excess of 29,000 Vehicles Per Day Population Within a 5 Mile Radius is in Excess of 180,000 People
Surrounded by National Retailers Such as: Hamilton Marketplace Regional Shopping Center ( 970,000 SQF Retail Property), CVS, Wendy's, ShopRite, Texas Road House, Aldi, Panera Bread, Petco, Dollar Tree, AutoZone, Wawa, Dunkin' & Many More
Walgreens Corporate Guarantee (S&P BBB) Investment Credit Tenancy
Rare Walgreens Lease With Increases in Rent During the Option Periods
Strong Performing Walgreens | Extended Hours - Midnight Location
Strategically Located Hospital Location Walgreens | Subject Property is One Mile North of Robert Wood Johnson University Hospital Which has 965 Beds
Hard Corner - Signalized Intersection | Traffic Counts Boast in Excess of 29,000 Vehicles Per Day Population Within a 5 Mile Radius is in Excess of 180,000 People
Surrounded by National Retailers Such as: Hamilton Marketplace Regional Shopping Center ( 970,000 SQF Retail Property), CVS, Wendy's, ShopRite, Texas Road House, Aldi, Panera Bread, Petco, Dollar Tree, AutoZone, Wawa, Dunkin' & Many More
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,490 SF
Building Class
B
Year Built
2006
Price
$19,229,398 CAD
Price Per SF
$1,327 CAD
Cap Rate
5.27%
NOI
$1,013,490 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Land Acres
1.55 AC
Zoning
HC - HC-Highway Commercial
Parking
63 Spaces (4.35 Spaces per 1,000 SF Leased)
Frontage
Walk Score ®
Very Walkable (70)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 03-01829-0000-00001 | Improvements Assessment | $4,061,402 CAD |
| Land Assessment | $2,607,466 CAD | Total Assessment | $6,587,015 CAD |
PROPERTY TAXES
Parcel Number
03-01829-0000-00001
Land Assessment
$2,607,466 CAD
Improvements Assessment
$4,061,402 CAD
Total Assessment
$6,587,015 CAD
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Power Broker Brian Brockman -
Bang Realty
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1096 Highway 33
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