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304 MOUNTAIN AVE
HACKETTSTOWN, NJ 07840-2422
Asking Price
$1.32M
Cap Rate
5%
Asset Type
QSR/Fast Food Retail
Class
Class B
What's Special
<ul><li> Absolute NNN Friendly's – 11.5± Years Remaining on Corporate Lease</li><li> Attractive Basis with Repositioning Optionality –Ability to Reset Rent or Backfill at Market Upon Rollover</li><li> High-Visibility Retail Corridor – 25,500± VPD Along Mountain Ave - Easy Access and Exposure</li><li> Strong Site Fundamentals – .72 Acre Site Located at Signalized Intersection with Excellent Visibility</li><li> Flexible Layout for Multiple End Users – Ideal for QSR, Fast Casual, Medical or Se
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NOI
$80,000
Cap Rate
6.04%
DSCR
1.02
Tight
Cash-on-Cash
0.34%
Monthly Payment
$6,555.377
Annual Cash Flow
$1,335.475
