This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

942 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

Spring Education 279 Egg Harbor Rd

8,403 SF 100% Leased Retail Building Sewell, NJ 08080 $8,588,082 CAD ($1,022 CAD/SF) 7% Cap Rate

Retail Space New Jersey Sewell 279 Egg Harbor Rd, Sewell, NJ 08080

Investment Highlights

  • Existing Lease in Place with Spring Education That Will Reset to 20 Years Upon Close of Escrow
  • Corporate Guarantee from Spring Education Group
  • Triple Net (NNN) Lease with Zero Landlord Responsibilities

Executive Summary

NNN Pro Group is pleased to present the exclusive listing for a Chesterbrook Academy located at 279 Egg Harbor Rd in Sewell, New Jersey. The site consists of roughly 8,403 rentable square feet of building space on estimated 2.38-acre parcel of land. This Chesterbrook Academy is subject to an existing NNN lease in place with Spring Education that will reset to 20 years upon close of escrow. The current annual rent is $427,450 and is scheduled to increase by 3% annually throughout the base term and in each of the 4, 5-year renewal options.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Day Care Centre
Building Size
8,403 SF
Building Class
C
Year Built
1986
Price
$8,588,082 CAD
Price Per SF
$1,022 CAD
Cap Rate
7%
NOI
$601,166 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.08
Land Acres
2.38 AC
Zoning
R
1 of 1
279 Egg Harbor Rd, Sewell, NJ - aerial map view

PROPERTY TAXES

Parcel Number 18-00019-0000-00005-14 Improvements Assessment $661,044 CAD
Land Assessment $440,696 CAD Total Assessment $1,101,740 CAD

PROPERTY TAXES

Parcel Number
18-00019-0000-00005-14
Land Assessment
$440,696 CAD
Improvements Assessment
$661,044 CAD
Total Assessment
$1,101,740 CAD
(332) 345-4222

  • Listing ID: 29633488

  • Date on Market: 2023-09-27

  • Last Updated:

  • Address: 279 Egg Harbor Rd, Sewell, NJ 08080

The Retail Property at 279 Egg Harbor Rd, Sewell, NJ 08080 is currently available For Sale. Contact NNN Pro Group for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

1 of 4
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/4
279 Egg Harbor Rd, Sewell, NJ for sale Primary Photo- Image 1 of 4
SpringEdu_279EggHarborRd_SewellNJ_main
279 Egg Harbor Rd, Sewell, NJ for sale Aerial- Image 2 of 4
SpringEdu_279EggHarborRd_SewellNJ_aerial
279 Egg Harbor Rd, Sewell, NJ for sale Plat Map- Image 3 of 4
Plat Map

1 of 1

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Spring Education | 279 Egg Harbor Rd
(332) 345-4222 x

Spring Education | 279 Egg Harbor Rd

1/5

Glen Kunofsky

(332) 345-4222

(332) 345-4222

Edward Otocka

(332) 345-4217

(332) 345-4217

Amelia Haydock

(332) 345-2408

(332) 345-2408

Patrick Finn

(332) 345-7297

(332) 345-7297

Joseph Kelly

(332) 345-4315

(332) 345-4315

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link