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2353 Route 9, Toms River, NJ, 08755
For Sale

Property Highlights

    • Absolute triple net lease to Walgreens Boots Alliance| NYSE: WBA | S&P Rating
    • High reported sales
    • Located at the heavily traveled Route 9 and Route 70 corridors with 30,511 and 30,067 VPD
    • High traffic location within 4 miles from the Garden State Parkway
    • Area retailers include Stop & Shop, Starbucks, Wells Fargo, TD Bank and Santander
    • 5 mile radius: population of 197,000 with average an household income above $77,000
    • Across the street from McDonald’s

Property Details

  • Price: $5,808,000
  • Property Type: Retail
  • Transaction Type: For Sale
  • Cap Rate: 6.25%
  • Building Size: 14,800 SF
  • Lot Size: 1.87 AC
  • Lease Type: NNN

Property Description

HMX Realty Advisors exclusively presents for sale a high volume absolute triple-net Walgreens with strong reported sales. The property is in a terrific location near New York City and the New Jersey Shore. Located on Route 9 with 30,511 VPD at I-70 with 30,067 VPD the property has excellent visibility and access. The Walgreens is directly across the street from McDonald’s and Wells Fargo Bank as well as Stop & Shop and Starbucks. The Garden State Parkway is less than 4 miles away. Route 9 is a major north-south corridor in New Jersey. Santander Bank is adjacent to the north and TD Bank and a Ramada by Wyndham Hotel are also nearby. New York City is 32 miles to the north, Trenton 29 miles to the west, and Philadelphia 49 miles to the southwest. Point Pleasant Beach is less than 10 miles from the property. Advance Auto Parts, Jim Curley Buick GMC and 84 Lumber are also located near the property.

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Financial Summary

Investment Highlights

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Rent Roll

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