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
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
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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