Lowe's for Sale in Lawnside, NJ
Lawnside, NJ
Key Investment Metrics
Price
$10,856,074
Cap Rate
5.3%
Net Operating Income
$580,800
Building Size
134967 SF
Land Area
15.5 Acres
Remaining Term
5.1 years
Lease Expiration
08/22/2031
Lease Term
30 years
Lease Commencement
08/23/2001
Lease Type
NNN
Tenant Credit
Credit Rated
Year Built
2001
Occupancy
100%
Tenancy
Single
Rent Increases
10% in Options
Property overview
Lowe's in Lawnside
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 134,967 SF
- Land area
- 15.5 acres
- Year built
- 2001
- Lease type
- NNN
- Lease expiration
- 08/22/2031
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.