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 SFLot size:
3.25 AcresPrice / SF:
$582/SF- Added:
- Oct 8, 2024
- Days on Market:
- 564
- Last Refresh:
- Apr 5 at 10:01 pm
Property Features for 14 Frontage Rd
General Information
- Standard status
- Active
- Size
- 9,696 SF
- Lot size
- 3.25 Acres
- Property subtype
- RETAIL
Listing agent Phil DiGennaro License #NY 10401317069
Listing office STREAM Capital Partners (312) 899-6664
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
Overview
Clinton Restaurant NNN Lease Opportunity
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
Insight Report
Location Intelligence
Current Use by Public Records
Cracker Barrel Old ...
Restaurant
TOOLwORLD
Department Store
Location Insight
- Map
- Local Demand
- City
- Clinton
- County
- Hunterdon
- State
- New Jersey
- Longitude
- -74.9194
- Latitude
- 40.6296
Nearby Similar for Sale
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.
