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    1425 Us-46, Roxbury Township, NJ 07852

    6,412 SF 0.61 ac lot Built 2023
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Zoning & alternative use
    Permitted uses
    Permitted uses
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