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    Clinton Restaurant NNN Lease Opportunity Title is generated by Realmo AI

    14 Frontage Rd, Clinton, NJ

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    Long-term NNN lease restaurant property in Clinton, NJ for sale.

    Type:RETAIL
    Property size:
    9,696 SF
    Lot size:
    3.25 Acres
    Price / SF:
    $582/SF
    Added:
    Oct 8, 2024
    Days on Market:
    610
    Last Refresh:
    May 20 at 8:19 pm

    Property Features for 14 Frontage Rd

    General Information

    Standard status
    Active
    Size
    9,696 SF
    Lot size
    3.25 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Phil DiGennaro
    Phil DiGennaro

    Listing agent Phil DiGennaro License #RES.0804114

    Listing office STREAM Capital Partners

    Listing date Oct 8, 2024

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of STREAM Capital Partners

    HighLights

    • Long Term Absolute NNN Lease: Benefit from 16+ years remaining with 10, five year options.
    • Corporate Guaranteed Lease: Guaranteed by publicly traded restaurant brand (NASDAQ: CBRL).
    • Well Positioned: Located along Route 78 with 100,000+ cars per day.
    • Strong Local Demographics: Average household income of $162,000 within a 3 mile radius.
    • Walmart Anchored Center: Situated next to Walmart Supercenter and T.J. Maxx.
    • Healthy Rent to Sales: Enjoy a healthy rent to sales ratio of 6%.

    Overview

    This property offers a long-term absolute NNN lease with over 16 years remaining and 10, five-year options, providing long-term passive control. It is well-positioned along Route 78, which sees over 100,000 cars per day directly adjacent to the property. The lease is guaranteed by a publicly traded restaurant brand (NASDAQ: CBRL). The property is located in an affluent area with an average household income of $162,000 within a 3-mile radius. The store exhibits strong underlying store-level performance metrics, with a rent-to-sales ratio of 6%. It is situated next to national anchors such as Walmart Supercenter and T.J. Maxx. The property size is 9696 square feet and is located in Clinton, NJ.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cracker Barrel Old ... Restaurant TOOLwORLD Department Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clinton
    County
    Hunterdon
    State
    New Jersey
    Longitude
    -74.9194
    Latitude
    40.6296

    FAQs

    What type of property is this?
    Restaurant - Long-term NNN lease restaurant property in Clinton, NJ for sale.
    Where is this restaurant located?
    The property is located at 14 Frontage Rd Clinton, NJ.
    What is the asking price?
    The asking price for this property is $5,648,778.
    What are key features of this property?
    This property features: Long Term Absolute NNN Lease: Benefit from 16+ years remaining with 10, five year options.; Corporate Guaranteed Lease: Guaranteed by publicly traded restaurant brand (NASDAQ: CBRL).; Well Positioned: Located along Route 78 with 100,000+ cars per day.
    (312) 899-6664 Call to check price and availability
    More about this property
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