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596 RIVER AVE
LAKEWOOD, NJ 08701-5287
Asking Price
$5.43M
Cap Rate
5.25%
Asset Type
Pharmacy/Drug Retail
Class
Class B
What's Special
CVS | NNN Lease | 11+ Years Left | Lakewood, NJ <ul><li>CVS Pharmacy For Sale</li><li>NNN Lease - No Landlord Obligations</li><li>11 1/2 years left on lease + options</li><li>5% rental increases each option period</li><li>Corner location</li><li>Strong Demographics</li><li>Directly across from Monmouth Medical Center</li></ul>
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NOI
$80,000
Cap Rate
1.47%
DSCR
0.25
Underwater
Cash-on-Cash
-14.88%
Monthly Payment
$26,857.607
Annual Cash Flow
$-242,291.289
