398 ROUTE 57 WEST

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WASHINGTON, NJ

398 ROUTE 57 WEST

CONTACT SHANE WIERKS

Retail Leasing Specialist Office: (908) 668-9600 Ext. 223 Direct: (908) 581-7781 Fax: (908) 668-5225 [email protected]

I

NVESTMENT PROPERTY

FOR SALE

DEMOGRAPHICS Population :

1 Mile 2,413

3 Mile 13,872

5 Mile 25,388

Households:

958

5,329

9,770

HH INCOME: $71,014

$93,976 $98,714

 ROUTE NORTH PLAINFIELD, NJ T. -- WWW.JEFFERYREALTY.COM All information is from sources deemed reliable and is submitted subject to errors, omission, change of price, terms, prior sales and withdrawal.

Tractor Supply Lease: Base term: Options: Base rent: Real Estate Taxes: Insurance: Common Areas:

11/16/2005 – 11/30/2015 Two 5 Year options 12/1/2010: $199,650 12/1/2015: $219,615 12/1/2020: $241,578 54% of total 54% of total 54% of total

Current Tenants: Tractor Supply: Vacant:

30,000 SF +/24,750 SF +/-

2011 Expenses: Taxes:

Total (2012):

$67,127.59

Total Insurance (2012):

$18,540.00

Insurance:

Common Area Maintenance: Total CAM:

$26,524.11

TOTAL EXPENSES:

$112,191.70

CURRENT NOI:

$148,041.82

PROFORMA NOI ($5.00/SF on 24,750 SF Vacancy):

$323,400.00

SALE PRICE:

$2,400,000.00

About Tractor Supply Company Tractor Supply Company is publicly traded as TSCO on Nasdaq. The company operates retail farm and ranch stores in the United States. Tractor Supply Company operates its retail stores under the Tractor Supply Company and Dels Farm Supply names, as well as a Website under the TractorSupply.com name. As of June 30, 2012, it operated 1,135 stores in 45 states. Tractor Supply Company was founded in 1938 and it’s headquartered in Brentwood, Tennessee.

 ROUTE NORTH PLAINFIELD, NJ T. -- WWW.JEFFERYREALTY.COM All information is from sources deemed reliable and is submitted subject to errors, omission, change of price, terms, prior sales and withdrawal.