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NNN Restaurant Property
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120 Hancock Ln, Mount Holly, NJ 08060

Absolute NNN lease backed by a publicly traded restaurant brand with long-term renewal options.

Property Size10,033 SF
Price / SF$468.27
Days on Market38

Property Features for 120 Hancock Ln

General Information

Standard status Active
Size 10,033 SF
Property subtype RETAIL

Site & Location

Traffic Count 88,000 vehicles/day
Highway Access Yes
Listing Agency: STREAM Capital Partners
Listed By: Phil DiGennaro · License #RES.0804114
Source: Moodyscre
Added: Jul 25 Changed: Aug 29 Last Checked: Aug 30 at 11:51PM

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

Investment Insights

Based on property information with market context.

This 10,033-square-foot restaurant property is subject to an absolute NNN lease with more than 16 years remaining. The agreement includes 10 additional five-year options, extending the contractual term and preserving long-term lease continuity. Lease obligations are guaranteed by a publicly traded restaurant brand identified by NASDAQ: CBRL.

The property is adjacent to the New Jersey Turnpike, which carries more than 88,000 cars per day. The surrounding retail environment includes Target, The Home Depot, Kohl’s, Dick’s Sporting Goods, Walmart Supercenter, Marshalls, and HomeGoods. Store-level performance includes a 7% rent-to-sales ratio, providing an additional operating metric for review.

Key Highlights

  • 10,033‑square‑foot restaurant property
  • Absolute NNN lease with 16+ years remaining
  • 10, five year renewal options

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Parking Lot & Garage Electrical Service Law Firm Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

88,000 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

138
Businesses Nearby
143k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 32% Home Improvements & Furnishings 29% Dining 27% Hotels & Casinos 8%
Kohl's Apparel
45,739 visits/mo 0.5 miles
The Home Depot Home Improvements & Furnishings
40,748 visits/mo 0.4 miles
Applebee's Dining
15,284 visits/mo 0.2 miles
Cracker Barrel Old Country Store Dining
15,278 visits/mo 0.0 miles
Valero Energy Shops & Services
7,369 visits/mo 0.2 miles

Demographics for 08060, NJ

25,426
Population
10,198
Households
2.5
Avg Household Size
38
Median Age
38%
College-Educated
96%
High-School Grad
21.6 sq mi
ZIP Area
1,177
Density / Sq Mi
$107,165
Median Household Income
$59,035
Median Earnings
$1,619
Median Rent
$292,000
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Absolute NNN lease backed by a publicly traded restaurant brand with long-term renewal options.
Where is this nnn property located?
The property is located at 120 Hancock Ln Mount Holly, NJ.
What is the asking price?
The asking price for this property is $4,698,123.
What are key features of this property?
This property features: 10,033‑square‑foot restaurant property; Absolute NNN lease with 16+ years remaining; 10, five year renewal options
(203) 610-1541 Call to check price and availability
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