12-06 RIVER RD

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12-06 RIVER RD

FAIR LAWN, NJ 07410-1801
Asking Price
$2.60M
Cap Rate
4.87%
Asset Type
Convenience Store Retail
Class
Class B

What's Special

7-Eleven | NNN Property <ul><li>​Free Standing 7-Eleven Property For Sale </li><li>​NNN Lease</li><li>​No Landlord Obligations</li><li>​5 1/2 Years Left on Lease + Option to Renew</li><li>​7-Eleven has been a tenant since 2011</li><li>​7-Eleven has requested a long term lease extension</li><li>​Corner location</li><li>​<span style="color: rgba(58, 74, 90, 1)">The immediate trade area is supported by strong demographics with a high population density and limited direct competition for ground-leased quick-service conveni

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NOI
$80,000
Cap Rate
3.08%
DSCR
0.52
Underwater
Cash-on-Cash
-9.53%
Monthly Payment
$12,863.381
Annual Cash Flow
$-74,360.577

Location & Travel Times