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Spark Car Wash

Mt. Holly, New Jersey

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Street View

About the Investment:

✓ Long-Term, 21-Year Absolute Triple Net (NNN) Lease | Over 20 Years of NNN Term
Remain | Zero Landlord Responsibilities
✓ Located Across from Lumberton Plaza Mall | Extremely High Visibility From
Intersection
✓ Highly Exposure Location| Route 38 and Mount Holly Bypass| 38,900 and 37,100
Vehicles Per Day, Respectively
✓ Ideal Consumer Base for Vehicle Repair Services that Spark Offers
✓ Average Household Income of Over $111,000
✓ 2% Annual Rental Increases | Ideal Location for a Car Wash in Affluent Core New
Jersey Market

Key Details

Price:
$6,539,714
Cap Rate:
7.00%
Annual Rent:
$457,780
Address:
1659 NJ-38, Mt. Holly, New Jersey 08060
Property Type:
Net Leased Car Wash
Lease Type:
Triple Net (NNN)

Lease Commencement:
April 1, 2023
Lease Expiration:
March 30, 2044
Lot Size:
1.76 Acres
Building Size:
6 SF
Year Renovated:
1970
Tenant:
Spark Car Wash

Talk to the pros

Glen Kunofsky

License: 49KU1129178

Anthony D’Ambrosia

License: 10401294012

Josh Kanter

License: 10401294056

Ilan Bley

License: 10401372865

Broker of record

Brian Brockman

Bang Realty-New Jersey, Inc

License: 2078547


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