Brisky Net Lease arranged the sale of this long-term, NNN leased Ashley HomeStore located in the large trade area of Green Brook, NJ.
This great investment opportunity is strategically located along US Highway 22, which is a main retail corridor and provides excellent exposure to over 46,000+ vehicles per day. This property offered the opportunity to invest in a single tenant, net lease property in a thriving industry.
Ashley HomeStore is the number one furniture retailer in North America with more than 1,000 locations worldwide. This Ashley HomeStore is operated by Regency Furniture of Laurel, Inc. who operates approximately 48 retail locations throughout Maryland, Virginia, Pennsylvania, New Jersey, New York and Delaware, they operate 29 locations as Ashley HomeStore.
Green Brook is a vibrant community located in Northern New Jersey and is in close proximity to large metropolitan areas. The market has excellent demographics with a population of 750,000+, a median household income of $103,000+ and median home value of $400,000+ within a 10-mile radius of the store. Conveniently located 35 miles southwest of New York City, Green Brook balances metropolitan conveniences with a suburban feel.
Brian Brisky MN #40546562
Broker of Record: Brian Brockman, Bang Realty-New Jersey Inc. NJ #2078547