Triple-Net Auto Tire Retail
2 Main St Little Falls, NJ 07424
2 Main St, Little Falls, NJ, 07424
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For Sale
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The property is offered for sale as a single-tenant tire retail building under an absolute triple-net lease structure.
Property Size5,277 SF
Lot Size0.56 Acres
Days on Market102
Property Features for 2 Main St
General Information
- Standard status
- Active
- Size
- 5,277 SF
- Lot size
- 0.56 Acres
- Property subtype
- Retail
Listing agency
SURMOUNT
(332) 345-4222
Listed by
Glen Kunofsky · License #NY 49KU1129178
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 5:52AM Checked: Jul 21 at 5:52AM
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 SURMOUNT
Investment Insights
Based on property information with market context.
The property is a single-tenant Mavis Discount Tire location with approximately 5,277 rentable square feet of building space on an estimated 0.56-acre parcel. The site is subject to a 20-year Absolute Triple-Net (NNN) lease that commences upon close of escrow. The annual rent is $157,500, with scheduled 5% increases every five years, and the tenant has six (6) renewal options, each for five years.
The asset is located at 2 Main Street in Little Falls, New Jersey. Details on the building layout beyond rentable area and the land size are not provided.
This is an NNN investment offering a long-term, triple-net structure under the existing lease terms.
The asset is located at 2 Main Street in Little Falls, New Jersey. Details on the building layout beyond rentable area and the land size are not provided.
This is an NNN investment offering a long-term, triple-net structure under the existing lease terms.
Key Highlights
- Single‑tenant Mavis Discount Tire building at 2 Main Street, Little Falls, NJ
- Approximately 5,277 rentable SF on an estimated 0.56‑acre parcel
- 20‑year absolute triple‑net (NNN) lease commencing upon close of escrow
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - The property is offered for sale as a single-tenant tire retail building under an absolute triple-net lease structure.
Where is this nnn property located?
The property is located at 2 Main St Little Falls, NJ.
What are key features of this property?
This property features: Single‑tenant Mavis Discount Tire building at 2 Main Street, Little Falls, NJ; Approximately 5,277 rentable SF on an estimated 0.56‑acre parcel; 20‑year absolute triple‑net (NNN) lease commencing upon close of escrow