16 Route 46

16 Route 46, Montville, NJ 07058

Property Information

  • For Sale $8,842,105
  • Property Type Retail
  • Property Size 5,585 SF
  • Lot Size 1.82 Acre
  • Cap Rate % 4.75
  • Year Built 2025
  • Date Updated May 11, 2026

Description

More than 150,119,000 residents and 194,144 employees support the trade area.

Features an average household income of $205,477 within 5-mile radius.

Tenant pays for CAM, taxes, insurance and maintains all aspects of the premises

No landlord responsibilities.

Ideal management-free investment.

Located at the signalized, hard corner intersection of Bloomfield Ave and Changebridge Rd. while also facing Route 46 with a combined 63,760 VPD.

The surrounding neighborhoods will provide a direct, steady consumer base from which to draw.

Less than a quarter mile of I-80 (113,626 VPD), allowing users to benefit from direct on/off ramp access to the site and surrounding trade areas.

Brand new Toyota dealership under construction adjacent to the subject site

Property Specifications

Property Address 16 Route 46, Pine Brook, NJ

Rentable Area 5,585 SF

Land Area 1.82 AC

Year Built 2025

Tenant Wawa

Garaunty Corporate (Wawa Inc.)

Lease Type Absolute Absolute NNN (GL)

Lease Term 20 Years

Increases 10% Every 5 Years

Options 6 (5-Year)

Rent Commencement 3/13/2025

Lease Expiration 3/13/2045

Contacts

Mario Brunelli

R.J. Brunelli

Ron Deluca

R.J. Brunelli

Location

Located at 16 Route 46, Montville, NJ 07058, this property is part of the Montville neighborhood and New Jersey market.

Contact 16 Route 46
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