CVS Corporate NNN Retail
For Sale
Contact for pricing
160 E Washington Ave, Washington, NJ 07882
Single-tenant pharmacy property with a corporately guaranteed absolute net lease and signalized corner access.
Property Size14,823 SF
Lot Size1.68 Acres
Days on Market142
Property Features for 160 E Washington Ave
General Information
Standard status
Active
Size
14,823 SF
Lot size
1.68 Acres
Property subtype
Retail
Site & Location
Corner Location
Yes
Traffic Count
31,900 vehicles/day
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
CBRE - Saddle Brook
Listed By:
Karly Iacono · License #NY 10401274993
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 4:02PM
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 CBRE - Saddle Brook
Investment Insights
Based on property information with market context.
The offering includes the fee simple interest in a CVS property containing 14,823 square feet on 1.68 acres. An absolute net lease has more than 18 years of firm term remaining, includes a corporate guarantee from CVS, and provides 10% increases during each option period. The lease contains no rent holiday period.
The property occupies the intersection of State Route 57 and State Route 31 in Washington Borough, Warren County, New Jersey. Access is provided at multiple points along Route 31 and Jackson Avenue, with the site benefiting from 31,900 vehicles per day. Nearby national tenants include Dollar Tree, Dunkin, Taco Bell, and Advance Auto Parts. Warren County Community College, with over 1,800 students enrolled, is approximately three miles away, while more than 26,000 people reside within five miles.
The property occupies the intersection of State Route 57 and State Route 31 in Washington Borough, Warren County, New Jersey. Access is provided at multiple points along Route 31 and Jackson Avenue, with the site benefiting from 31,900 vehicles per day. Nearby national tenants include Dollar Tree, Dunkin, Taco Bell, and Advance Auto Parts. Warren County Community College, with over 1,800 students enrolled, is approximately three miles away, while more than 26,000 people reside within five miles.
Key Highlights
- 14,823‑square‑foot CVS property on 1.68 acres
- Absolute net lease with over 18 years of firm term remaining
- CVS corporate guarantee with investment grade credit
Property Analytics
Property Profile
Current Use
Lease Details
31,900 VPD
Traffic count
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
602
Businesses Nearby
Explore this area
Business Placement
Demographics for 07882, NJ
14,971
Population
6,290
Households
2.4
Avg Household Size
44
Median Age
38%
College-Educated
95%
High-School Grad
31.6 sq mi
ZIP Area
474
Density / Sq Mi
$100,852
Median Household Income
$55,316
Median Earnings
$1,411
Median Rent
$333,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant pharmacy property with a corporately guaranteed absolute net lease and signalized corner access.
Where is this nnn property located?
The property is located at 160 E Washington Ave Washington, NJ.
What are key features of this property?
This property features: 14,823‑square‑foot CVS property on 1.68 acres; Absolute net lease with over 18 years of firm term remaining; CVS corporate guarantee with investment grade credit
