SOLD
Horvath & Tremblay Brokers Acquire Caliber Collision In Bordentown For $5.89M
60 Burlington Pike
Retail
18,080 SF
18,080 SF
Sold 169 days ago
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
Details
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.View on map
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Address60 Burlington Pike
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