Home Depot

132,003 SF | Retail Building | Lodi, NJ 07644 | $67,250,000 ($509/SF) | 6.01% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $67,250,000

Property Type
Retail
Square Feet
132,003 SF
Price / Square Foot
$509

Listing Contacts

Michael Walseth
Michael Walseth
Verified Profile
  • Property Info

Property Overview

Walseth Investment Company is pleased to present the opportunity to acquire a freestanding, single-tenant, absolute NNN, Home Depot investment property with a pad outparcel development opportunity located in Lodi, NJ.
Investment Highlights:
Absolute NNN lease with zero landlord responsibilities
Top-performing Home Depot Location (contact agent for details)
Adjacent to NJ-17 (±99,579 VPD) and I-80 (±104,223 VPD)
Four (4) points of entry/exit to parcel with two (2) monument signs - a highly visible and accessible retail location
±12.14 acre property which incl. a pad outparcel development opportunity
225,749 residents (3-mi) with an average $113,137 annual HH income - a dense and highly affluent community
Only ±6 minutes from Teterboro Airport, ±12 minutes from Meadowlands Sports Complex (MetLife Stadium, The American Dream), and ±14 minutes from Manhattan
See website for more information: https://walsethinvestment.com/home-depot-lodi%2C-nj
Broker of Record:
Brian Brockman
NJ 02154562
Bang Realty - New Jersey, Inc
P.O. Box 19622 Cincinnati, OH 45219

Property Details

Class
B
Year Built
1998
Stories
1
Property Subtype
Freestanding
Lot Size (sq. ft)
528,818 SF

Highlights

  • Top-performing Home Depot Location (contact agent for details)
  • Adjacent to NJ-17 (±99,579 VPD) and I-80 (±104,223 VPD)
  • Large ±12.14 acre property which incl. a pad outparcel development opportunity

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