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Property profile & analytics
OFF-MARKET
Commercial real estate

110 Hancock Ln Westampton, NJ 08060-4408

4.68 ac lot
Entity Owned 3-yr Hold Free & Clear
Property ID
US59-1313671
Property summary
AI-generated overview

This exceptional investment opportunity presents a 10,033 square foot Cracker Barrel Old Country Store located at 110 Hancock Ln, Mount Holly, New Jersey 08060. The property boasts a strong 5.65% cap rate and a substantial net operating income (NOI) of $265,444. The absolute NNN lease, guaranteed by a publicly traded company (NASDAQ: CBRL), offers significant long-term stability with 16+ years remaining and ten, five-year renewal options. Situated on a 4.68-acre lot, this strategically positioned restaurant benefits from high visibility adjacent to the New Jersey Turnpike, experiencing over 88,000 vehicles daily. The property's location within an affluent area, boasting an average household income exceeding $142,000 within a one-mile radius, ensures a robust customer base. The tenant demonstrates strong performance, reflected in a healthy 7% rent-to-sales ratio. Furthermore, the property enjoys proximity to other major national retailers, including Target, Home Depot, Kohl's, Dick's Sporting Goods, Walmart Supercenter, Marshalls, and HomeGoods, creating a thriving retail environment. Annual rent bumps of 1% provide consistent growth potential. The asking price is $4,698,123, translating to a price per square foot of $468.27. This is a rare opportunity to acquire a high-performing, passively managed investment with exceptional long-term prospects.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 4.68 ac (203,861 SF)
APN 37 00905-0000-00001
UPID US59-1313671
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Cb Portfolio Owner Fund IV LLC · 3 yrs held
Cb Portfolio Owner Fund IV LLC
since 2022
3 recorded transactions
2022
Price N/A
2020
$3.5M
2020
$35,294
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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