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Shopping Strip

Butler Plaza | CVS - Wawa - Panera Bread - Sherwin Williams

1510 NJ-23, Butler, NJ 07405

Listing Price: $23,300,000

Cap Rate
5.00%
Gross SF
29,833
Rentable SF
29,833
Price/Gross SF
$781.01
Lot Size
6.14 acres
Year Built
2021

Investment Overview

Marcus & Millichap is pleased to exclusively present a rare new construction retail center located at 1510 NJ-23, Butler, New Jersey.

Investment Highlights

  • Premium Location at the Hard Corner Signalized Intersection of Route 23 and Kinnelon Road/Kiel Avenue (66,682 Average Daily Traffic Count)
  • Three Miles to Interstate 287
  • New 20-Year Leases for CVS, Wawa and 15-Year Lease for Panera Bread

Exclusively Listed By

Shopping Strip

Butler Plaza | CVS - Wawa - Panera Bread - Sherwin Williams

Listing Price: $23,300,000

Cap Rate
5.00%
Gross SF
29,833
Rentable SF
29,833
Price/Gross SF
$781.01
Lot Size
6.14 acres
Year Built
2021

Investment Highlights

  • Premium Location at the Hard Corner Signalized Intersection of Route 23 and Kinnelon Road/Kiel Avenue (66,682 Average Daily Traffic Count)
  • Three Miles to Interstate 287
  • New 20-Year Leases for CVS, Wawa and 15-Year Lease for Panera Bread

Investment Overview

Marcus & Millichap is pleased to exclusively present a rare new construction retail center located at 1510 NJ-23, Butler, New Jersey.

Exclusively Listed By

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