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Used Car Lot with Bays
For Lease
$5,000/Mo NNN

Franklin New Jersey Unit 29 state route 23, Franklin, NJ 07416

Used car lot and service building

Space Size23,043 SF
Days on Market120

Property Features for Franklin New Jersey Unit 29 state route 23

General Information

Standard status Active
Property type Automotive properties, Retail properties & Spaces
Size 23,043 SF
Class A
Total Parking Spaces 40
Elevators No
Lease Type NNN
Lease Term Flexible
Rate Type Monthly

Building Details

Year Built 1966
Year Renovated 2022
Buildings 1
Stories 1
Listing Agency:
Listed By: Guy
Added: May 3

Investment Insights

Based on property information with market context.

This property in Sussex County features a used car sales office with three and a half service bays. Established over 45 years ago, the location benefits from access to two streets and can display approximately 40 cars. The service area includes a lift and compressor. The building is equipped with natural gas heat and city sewers, with air conditioning in the office. The lease is offered at $5,000 per month on a triple net basis, with negotiable lease terms and two months' security required.

Property Analytics

Current Use

Automotive properties

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

50
Businesses Nearby
Balanced
Demand for This Use

Demographics for 07416, NJ

5,615
Population
2,837
Households
2
Avg Household Size
46
Median Age
22%
College-Educated
93%
High-School Grad
12.2 sq mi
ZIP Area
460
Density / Sq Mi
$90,869
Median Household Income
$50,978
Median Earnings
$1,346
Median Rent
$263,600
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
Rey
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Frequently Asked Questions

What type of property is this?
Automotive property - Used car lot and service building
Where is this automotive property located?
The property is located at Franklin New Jersey Unit 29 state route 23 Franklin, NJ.
What is the lease rate?
The lease rate is $5,000/Mo.
More about this property
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