480-949-9011
1357 Route 9, Toms River, NJ for Sale
Drug Store - FOR SALE
1/5
null | Request Cap Rate

1357 Route 9
Toms River, NJ 08755


OVERVIEW

Rare opportunity to acquire newer CVS Zero Cash Flow Properties from recent CVS sale-leaseback portfolio Long-Term Leases: Newer 25-year leases Absolute NNN: Absolutely no landlord responsibilities Zero Cash Flow Financing: Assumable self-amortizing financing with below-market fixed 3.901% interest rate Perfect 1031 Exchange Asset: The ZCF structure and paydown readvance allow for the perfect 1031 up-leg as it allows owners to withdraw equity and sit on the sidelines rather than acquiring other assets with aggressive cap rates. Paydown/Readvance: Structure allows for low equity contributions with high long-term return on initial investment and allows withdrawal of money over and above percentage over the debt. Also available as a Free-and-Clear Investment — contact us for more information.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS Pharmacy

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.5 AC

LAND SF

108,900 SF

ZONING

-

APN/PARCEL ID

08-00410-04-00038-01

ASK ABOUT THIS PROPERTY

Matt SturckenSandor Development CompanyMore Info
480-949-9011

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Matt SturckenSandor Development CompanyMore Info
480-949-9011

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.