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110 Hancock Ln
Mount Holly, NJ 08060

$4,698,123 USD

Restaurant For Sale  •  10,333 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 10,333 SF
  • Lot Size 4.68 AC
  • Building Class C
  • Year Built 2000
  • Cap Rate 5.65 %
  • Tenancy Single
0 Transit Score
17 Walk Score

Highlights

16+ years remaining with 10, five year options providing long term passive control.
Situated adjacent to the New Jersey Turnpike, seeing more than 88,000+ cars per day
The lease is guaranteed by a publicly traded restaurant brand (NASDAQ: CBRL).
Located in an affluent area with an average household income of $142,000 within a 1 mile radius.
The store exhibits strong underlying store-level performance metrics, boasting a rent to sales ratio of 7%.
Cap Rate: 5.65 %

Public Transportation

Commuter RailDriveWalkDistance
Bristol (R7 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 14 min - 7.6 mi
Croydon (R7 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 15 min - 8.2 mi
AirportDriveWalkDistance
Trenton Mercer 36 min - 23.9 mi
Philadelphia International 47 min - 31.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 149
Type: Surface
Included in Rent: Yes
Phil DiGennaro 203-610-1541 Stream Capital Partners, LLC
Phil DiGennaro 203-610-1541 Stream Capital Partners, LLC