American Tire & Auto Care Acquires Auto Repair Building In Bordentown, NJ For $2.175M

The sale of a 6,400-square-foot auto repair building located at 3321 Route 206 in Bordentown, N.J. has been completed. The property, situated in Mansfield (Bordentown), NJ, is a retail asset. The transaction took place on 02/22/2022.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $2,175,000
• Address: 3321 Route 206, Mansfield (Bordentown), NJ
• Market: Mansfield (Bordentown), NJ

The buyer of the property is American Tire & Auto Care, while the seller is Jeff’s Tire and Auto. NAI Fennelly represented Jeff’s Tire and Auto in the transaction. NAI Fennelly’s Jerry Fennelly, SIOR, and Matt Fennelly acted as the seller's representatives in the deal.

Jeff's Tire and Auto, a leading provider of general automotive repair services in Bordentown, N.J., and the surrounding areas, decided to sell its 15-year-old facility at 3321 Route 206. The property features 279’ of frontage on Route 206, 20’ clear ceilings, and five 10’x18’ bays with overhead doors.

NAI Fennelly marketed the property to attract similar businesses looking to expand in the area. As a result, American Tire & Auto Care emerged as the ideal buyer. With this acquisition, American Tire & Auto Care, which already has seven locations across northern and central New Jersey, will be able to expand into the Bordentown area and increase its customer base.