99 State Route 17 N - Freestanding FOR SALE


Lodi, NJ 07644
$67,250,000 USD
949-400-4261
99 State Route 17 N, Lodi, NJ for Sale
$67,250,000 USD
Freestanding - FOR SALE
1/6
null | 6.01% Cap Rate

99 State Route 17 N
Lodi, NJ 07644


HIGHLIGHTS

  • Top-performing Home Depot Location (contact agent for details)
  • Adjacent to NJ-17 (±99,579 VPD) and I-80 (±104,223 VPD)
  • Large ±12.14 acre property which incl. a pad outparcel development opportunity

OVERVIEW

Walseth Investment Company is pleased to present the opportunity to acquire a freestanding, single-tenant, absolute NNN, Home Depot investment property with a pad outparcel development opportunity located in Lodi, NJ. Investment Highlights: Absolute NNN lease with zero landlord responsibilities Top-performing Home Depot Location (contact agent for details) Adjacent to NJ-17 (±99,579 VPD) and I-80 (±104,223 VPD) Four (4) points of entry/exit to parcel with two (2) monument signs - a highly visible and accessible retail location ±12.14 acre property which incl. a pad outparcel development opportunity 225,749 residents (3-mi) with an average $113,137 annual HH income - a dense and highly affluent community Only ±6 minutes from Teterboro Airport, ±12 minutes from Meadowlands Sports Complex (MetLife Stadium, The American Dream), and ±14 minutes from Manhattan See website for more information: https://walsethinvestment.com/home-depot-lodi%2C-nj Broker of Record: Brian Brockman NJ 02154562 Bang Realty - New Jersey, Inc P.O. Box 19622 Cincinnati, OH 45219

FOR SALE DETAILS

PRICE

$67,250,000 USD

PRICE/SF

$509 USD /SF

CAP RATE

6.01%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Home Depot

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

12.14 AC

LAND SF

528,818 SF

ZONING

Commercial

APN/PARCEL ID

31-00194-02-00005-01,31-00194-02-00005-02,31-00194-02-00006,31-00194-02-00007

ASK ABOUT THIS PROPERTY

Michael WalsethWalseth Investment CompanyMore Info
949-400-4261

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Michael WalsethWalseth Investment CompanyMore Info
949-400-4261

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