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Take 5 Oil Change Auto Shop

600 Irick Road Unit D, Burlington, NJ 08016

For Sale
Contact for pricing

A new-build automotive property is planned within The Gateway commercial development, with access from Burlington-Mount Holly Road.

Property SizeContact for details
Days on Market13

Property Features for 600 Irick Road Unit D

General Information

Standard status Active
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Tenancy & Operations

Tenant in Place Yes
In-Place Lease Type Absolute NNN
Current Tenants Take 5
Real Estate Included Yes

Additional Details

Automotive Uses quick lube/oil change
Listing Agency: Horvath & Tremblay
Listed By: Michael Lombardi · License NJ #0569706
Source: Crexi
Added: Oct 30 Changed: Nov 10 Last Checked: Nov 10 at 2:18PM

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 Horvath & Tremblay

Rey
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Investment Insights

Based on property information with market context.

A condominium interest in a newly constructed Take 5 Oil Change facility is offered for sale, with completion scheduled for 2026. The property is subject to a 15-year absolute NNN ground lease, followed by four 5-year renewal options. Contractual rent increases are 10% every five years during the initial term and at the beginning of each option period.

The site is part of The Gateway, at Irick Road and Burlington-Mount Holly Road (CR 541), and will have direct access from Burlington-Mount Holly Road. Interstate 295 and the New Jersey Turnpike are nearby. Across the street, Towne Crossing Shopping Center spans more than 400,000 square feet and includes Home Depot, Target, Kohl’s, and Dick’s Sporting Goods. The Crossings, less than a mile away, is planned to include three industrial and warehouse buildings totaling approximately 1.9 million square feet, with Amazon as its anchor. J Centra Burlington, a completed 500-unit apartment community, is also nearby. Burlington is approximately 20 miles northeast of Philadelphia.

Key Highlights

  • Take 5 Oil Change facility with completion scheduled for 2026
  • 15‑year absolute NNN ground lease with four 5‑year renewal options
  • 10% rent increases every five years during the initial term and at each option period

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Auto shops

Suggested Use

Top Pick Electrical Service Grocery & Convenience Store Garden Center (Bike/Boat/Book/etc) Store Auto Parts Store Barber Shop

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

89
Businesses Nearby
Well-served
Demand for This Use

Demographics for 08016, NJ

34,617
Population
13,842
Households
2.5
Avg Household Size
41
Median Age
34%
College-Educated
92%
High-School Grad
21.6 sq mi
ZIP Area
1,603
Density / Sq Mi
$92,560
Median Household Income
$49,919
Median Earnings
$1,343
Median Rent
$308,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • Jays Transmission And Auto Care — 844 Columbus Rd, Burlington, NJ 08016
  • Quick Lane at Lucas Motor Company — 900 east, us-130, burlington, nj 08016
  • Luis Auto Body — 1208 Columbus Rd, Burlington, NJ 08016

Frequently Asked Questions

What type of property is this?
Auto shop - A new-build automotive property is planned within The Gateway commercial development, with access from Burlington-Mount Holly Road.
Where is this auto shop located?
The property is located at 600 Irick Road Unit D Burlington, NJ.
What is the asking price?
The asking price for this property is $1,666,667.
What are key features of this property?
This property features: Take 5 Oil Change facility with completion scheduled for 2026; 15‑year absolute NNN ground lease with four 5‑year renewal options; 10% rent increases every five years during the initial term and at each option period
(201) 215-1801 Call to check price and availability
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