Lowe's - Net Lease Property for Sale
Lawnside, NJ
Key Investment Metrics
Price
$10,856,074
Cap Rate
5.3%
Net Operating Income
$580,800
Building Size
134967 SF
Lot Size
134,967 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
About This Lowe's Net Lease Property
This Lowe's NNN (triple net lease) property is located in Lawnside, NJ and represents an excellent investment opportunity for commercial real estate investors. The property features 134967 square feet of building space and was built in 2001.
With a cap rate of 5.3%, this Lowe's net lease property offers stable income potential. The asking price is $10,856,074, making it an attractive option for 1031 exchange investors seeking quality Lowe's commercial properties.
Why Invest in Lowe's NNN Properties?
- Stable Income: Lowe's net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Lowe's is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Lawnside, NJ Market Overview
Located in Lawnside, NJ, this Lowe's property benefits from strong local demographics and market fundamentals. The Lawnside area offers excellent visibility and accessibility, making it an ideal location for Lowe's operations and a solid investment for net lease property buyers.