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CVS Absolute NNN Leasehold
For Sale
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2311 US-206, Montgomery, NJ 08502

CVS leasehold retail space secured by an absolute triple-net structure with no landlord responsibilities.

Property SizeContact for details
Days on Market143

Property Features for 2311 US-206

General Information

Standard status Active
Property subtype Retail
Listing Agency: Thomas Company
Listed By: Jeffrey Thomas · License #WA 116180
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 11:34AM

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 Thomas Company

Investment Insights

Based on property information with market context.

This offering consists of a 13,249-square-foot CVS retail facility conveyed through a leasehold interest. The lease is structured as an absolute triple-net, bondable arrangement, with no landlord responsibilities identified in the property information.

The lease has 22.8 years remaining, while ground control extends for 42.84 years. The property is located at 2311 US-206 in Montgomery, New Jersey, and is offered as a for-sale investment.

Key Highlights

  • 13,249 square feet of CVS retail space
  • Absolute triple‑net, bondable lease structure
  • 22.8 years remaining on the lease

Property Analytics

Current Use

Drug stores

Suggested Use

Top Pick Law Firm Auto Repair Shop Building Supply Big Box & Wholesale Store Restaurant Spa & Massage Center

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

Location Intelligence

Trade Area within ½ mile

115
Businesses Nearby

Demographics for 08502, NJ

11,636
Population
4,049
Households
2.9
Avg Household Size
41
Median Age
77%
College-Educated
99%
High-School Grad
13.2 sq mi
ZIP Area
882
Density / Sq Mi
$223,444
Median Household Income
$104,823
Median Earnings
$2,511
Median Rent
$766,000
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 - CVS leasehold retail space secured by an absolute triple-net structure with no landlord responsibilities.
Where is this nnn property located?
The property is located at 2311 US-206 Montgomery, NJ.
What are key features of this property?
This property features: 13,249 square feet of CVS retail space; Absolute triple‑net, bondable lease structure; 22.8 years remaining on the lease
More about this property
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