Auto Repair Facility - High Traffic Rd - 30K Cars Per Day

426 U.S. 22, Readington Township, NJ

Market Price

Price

10%

Cap Rate

3,400 sqft

Building Size

Overview
Cap Rate
10%
Building Size
3,400 sqft
Lot Area
1.4 acres
Occupancy
100%
Zoning
B
Tenancy
Single
Parking Spots
30
Investment Strategy
Opportunistic
Description

Cokesbury Auto and Transmission has been proud to provide auto repairs for the community, and our ASE-certified technicians are here to do it all. From oil changes and wheel alignment to transmission repairs and brake checks, we're here to make sure everyone hits the road in cars that are safe and reliable.
Tom and his team took over the business in 2002 and since then have built a great reputation based on honestly and integrity and the shop has grown into a well-oiled machine fostering years of goodwill and is expected to gross $1 Million dollars annually by 2025, fleet contracts contribute approximately 30% to his annual revenue.

Fleet clients include many small businesses, truck and delivery business's as well as almost all the US Postal service stations trucks in the surrounding area.
The service facility is located along RT 22 west in Northern NJ. Population in the surrounding area is about 175,000 people with an average combined income of $139,000 per household.

Highlights
  • All offers considered
  • All service equipment included
  • 30K cars pass this shop everyday
  • Auto Service is expected to increase 11% the next 5 years
  • 5 Lifts - 5k LB to 25K Lb.
  • Large 1 acre open parking area
Documents
Title
COKESBURY_PPT_8_8_DK_FINAL.pdf
B_Business_Zone_Whitehouse_Station_Readington.pdf
* Documents permissions are set by the listing owner, request information to access locked documents.

Location
Gallery