Overview
Marcus and Millichap is pleased to present a retail center consisting of three single tenant net lease properties at 4251-4255 Route 9 in Howell, NJ. The subject property consists of a credit rated, corporately guaranteed CVS pharmacy, QuickChek, and dark Citizens Bank. The buildings are situated on a 7 acre lot, less than 1 mile away from direct access to Interstate 195.The property is situated in the heart of the area’s retail corridor. Convienently located at a signalized intersection that allows for access from both sides of the highway, the subject property boasts an average household income above $150,000 within one mile.
Investment Highlights
PRICING & YIELD: Offered at $13,332,000, reflecting a 5. 78% capitalization rate on current net operating income (as of 6/14/2026).
SECURE, LONG-TERM INCOME: Fully occupied by long-standing national credit tenants with staggered expirations in 2036, 2041, and 2042.
PRIME RETAIL LOCATION: Located on Route 9 within the retail corridor, the property sees high year-round traffic, with over 53,000 vehicles per day.
SURROUNDING RETAIL CORRIDOR: Surrounding retailers in the immediate area include TD Bank, Santander Bank, LIDL Supermarket, Five Guys, Chase Bank, Walgreens, Dunkin’, Wendy ’s, USPS, Popeye’s, and many more.
AFFLUENT SURROUNDING LOCATION: Surrounded by a population of over 51,000 residents within three miles, with an average household income of over $150,000 within one mile.
HIGH SALES VOLUME AND FOOT TRAFFIC: This QuickChek falls into the 92nd percentile for visits among QuickCheks nationwide and the 93rd percentile for those in New Jersey. The CVS ranks in the 72nd percentile for sales and 66th percentile for visits among all CVS locations nationwide.
NEW, HIGH QUALITY CONSTRUCTION: Completed in 2016, the property boasts quality construction for long-term structural integrity.
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