Property profile

1425 Us-46 Roxbury Township, NJ 07852

OFF-MARKET
Specialty properties
6,412 SF 0.61 ac lot Built 2023
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional investment opportunity presents a 6,412 square foot, 100% occupied car wash in Roxbury Township, NJ. Boasting a 21-year NNN lease (commencing April 15, 2023, and expiring April 15, 2044), this property offers a substantial 19.4 years of remaining lease term with zero landlord responsibilities. The property features a corporate guarantee and a 7.00% cap rate, generating a strong NOI of $457,780. Situated on a 0.61-acre lot at 1425 US-46, this high-exposure location benefits from significant daily traffic on Route 46 and Interstate 80 (45,300 and 92,500 vehicles respectively). The car wash enjoys a prime location near The Shops at Ledgewood Commons, an area anchored by major retailers including Walmart, Home Depot, Kohl's, and more, ensuring a substantial customer base. The lease includes a 2.00% annual rental increase, further enhancing the investment's long-term value. Built in 2023, this car wash set a single-day record for washes upon opening, demonstrating exceptional market demand. The affluent surrounding area boasts an average household income exceeding $142,000, providing a strong and stable consumer base. This is a rare opportunity to acquire a high-performing, long-term NNN leased car wash in a prime New Jersey location. The asking price is $6,539,714.

Property profile

Verified
Property type Specialty properties
Year built 2023
Total area 6,412 SF
Lot 0.61 ac (26,572 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1425 Us-46 Roxbury Township, NJ 07852
Roxbury Township metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1425 Us-46?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message