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14 Frontage Dr
Clinton, NJ 08809

$5,648,778 USD

Restaurant For Sale  •  9,696 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 9,696 SF
  • Lot Size 2.42 AC
  • Building Class C
  • Year Built 2000
  • Cap Rate 5.65 %
  • Tenancy Single
  • Zoning CN
0 Transit Score
56 Walk Score

Highlights

16+ years remaining with 10, five year options providing long term passive control.
Situated along Route 78, seeing over 100,000+ cars per day directly adjacent to the property.
The lease is guaranteed by a publicly traded restaurant brand (NASDAQ: CBRL)
Located in an affluent area with an the average household income of $162,000 within a 3 mile radius.
The store exhibits strong underlying store-level performance metrics, boasting a rent to sales ratio of 6%.
Situated next to national anchors such as Walmart Supercenter and T.J. Maxx.
Cap Rate: 5.65 %

Public Transportation

Commuter RailDriveWalkDistance
Annandale (Raritan Valley Line - NJ Transit Commuter Rail (NJ Transit)) 6 min - 3.1 mi
High Bridge (Raritan Valley Line - NJ Transit Commuter Rail (NJ Transit)) 7 min - 3.6 mi
AirportDriveWalkDistance
Trenton Mercer 49 min - 31.7 mi
Lehigh Valley International 49 min - 32.1 mi
Phil DiGennaro 203-610-1541 Stream Capital Partners, LLC
Phil DiGennaro 203-610-1541 Stream Capital Partners, LLC