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60 Burlington Pike
SOLD

Horvath & Tremblay Brokers Acquire Caliber Collision In Bordentown For $5.89M

60 Burlington Pike

Retail
18,080 SF
clock iconSold 183 days ago
Brian Ahrens
Michael "Mike" Lombardi
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Summary

Sale
NEW JERSEY
Retail
18,080 sqft

The $5,890,000 sale of Caliber Collision in Bordentown, NJ has been completed by Horvath & Tremblay's Brian Ahrens and Michael Lombardi. The property, located at 60 US Route 130, is a retail asset consisting of an 18,080 sq. ft. building on a 3.56-acre parcel. The construction of the property was completed in 2019. Caliber Collision, the tenant, has a Triple (NNN) lease with a duration of over 11 years and rental increases every 5 years.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $5,890,000
  • Address: 60 US Route 130, Bordentown, NJ
  • Market: Bordentown
  • ACRES: 3.56

Horvath & Tremblay's Brian Ahrens and Michael Lombardi were the brokers representing the deal.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Brian Ahrens's profile picture
Brian Ahrens
Horvath & Tremblay-image
Retail Specialist
$29.9M Sold

Details

Deal Summary
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SOLD
IMAGE: Brian Ahrens & Michael Lombardi DATE: 11/22/2023 ADDRESS: 60 US Route 130 MARKET: Bordentown ASSET TYPE: Retail ~ ACRES: 3.56 BROKERS: Brian Ahrens & Michael "Mike" Lombardi (@Mike_Lombardi_HT) - Horvath & Tremblay SALE PRICE: $5,890,000 SF: 18,080 ~ PPSF: $326 NOTE: Horvath & Tremblay's Brian Ahrens and Michael Lombardi completed the $5,890,000 sale of Caliber Collision in Bordentown, NJ. The property, at 60 US Rte. 130, features an 18,080 sq. ft. building on a 3.56-acre parcel, constructed in 2019, with Caliber Collision holding an 11+ year Triple (NNN) lease and rental increases every 5 years.

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Address60 Burlington Pike

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