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Healthfair Grocery NNN Little Silver - 625 Branch Avenue, Little Silver, NJ

Property Details

  • Price :

  • Square Feet :

  • Cap Rate :

  • $3,200,000

  • 7,920

  • 6.50%

  • NOI :

  • Acres :

  • $208,100

  • 2.14

  • Property Type :

  • Property Status :

  • Net Lease

  • Under Agreement

Investment Highlights

  • Freestanding NNN building leased to "Healthfair" Organic food grocery store
  • 10.5 years remaining on NNN lease
  • 3% annual increases beginning in 2024
  • 2nd location for this tenant
  • Tenant has occupied this building since 2007
  • Excellent location just one block from the Little Silver
  • train station
  • Just minutes from destinations such as Monmouth Park racetrack, downtown Red Bank, and The Grove
  • Nearby national retailers include 7-Eleven and Kearny Bank
  • Affluent location with average household income over $231,000 within one mile of the subject property
  • Over 138,000 people within 5 miles of the subject property

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