Egg Harbor Township, NJ 08234

Verizon

Property Address

6042 East Black Horse Pike, Egg Harbor Township, NJ, USA

Offering Summary

  • Price: $3,614,000
  • Lot Size: 1.09 Acres
  • Cap Rate: 7.0%
  • Year Built: 2016
  • Building SF: 6,000
  • Status: In Escrow
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  • 6 Years Remaining on Corporate Triple-Net (NNN) Lease with Verizon
  • 10% Rental Increases Every 5 Years
  • 61,200 Residents within a 5-Mile Radius - Growing Egg Harbor Township Trade Area
  • Excellent Visibility Along East Black Horse Pike (34,200+ Cars/Day)
  • Outparcel to Lowe’s
  • Surrounded by National Tenants - Lowe’s, Home Depot, Chick-fil-A, Burger King, Ollie’s Bargain Outlet, Walgreens, and More
  • Average Household Income Exceeds $101,000 in Immediate Area
  • 12 Miles to Atlantic City, a Coastal Resort City with Over 27 Million Visitors Annually

Broker Information