Rite Aid | Toms River, NJ

Agent Info

Brandon Hanna

248.702.0290
bhanna@encorereis.com

Ryan Vinco

248.702.0299
ryan@encorereis.com

Charles Slane

614.496.1307
charles@encorereis.com

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Offering Information

1726 Route 37 East
Toms River, NJ 08753

  • Price: $5,602,270
  • Cap. Rate: 5.95%
  • NOI: $333,335
  • Building Size: 12,153SF
  • Lot Size: 1.94 AC

Investment Highlights

  • Absolute Net Lease | Zero Landlord Responsibilities
  • 10+ Years Remaining on Initial 20 Year Lease Term
  • (3) Five Year Options to Renew With Increases
  • Prototypical Freestanding Building with Drive-Thru
  • Located on the Hard Corner Signalized Intersection
  • Traffic Counts Boast 29,800 + Vehicles Per Day
  • Population within a 5 Mile Radius of Subject Property Exceeds 130,115
  • Average Household Income Within 5 Miles is $91,074
  • National Tenants in the Immediate Area Include: Domino's Pizza, Taco Bell, Wendy's, Dunkin Donuts, Wells Fargo, Discount Tire Center, Big Lots and Many More