Wayne, NJ | July 12, 2018 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced QuickChek, a Newly Constructed, 4,542 SF Service Station located in Wayne, NJ. The lease is backed by a corporate guaranty from QuickChek Corporation, a privately-owned company with 140 retail locations throughout New Jersey, New York’s Hudson Valley and Long Island.
The asset closed with an aggressive cap rate of 4.85%.
Agents Preet Sabharwal, Dan Corcoran, Zach Weiss & Michael Sturman secured the exclusive listing to market the property on behalf of the seller, QuickChek Corp.
The service station is located at 1364 Route 23 Wayne, NJ. Set to Open in Early 2017, the Marcus & Millichap agents secured a buyer prior to construction being finished and at an aggressive cap rate.