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Broker

Michael Lombardi

Horvath & Tremblay: NJ
National NNN Properties
Executive Vice President
  • 2Active Listings
  • $4,495,000Active Volume
  • 1Under Contract
  • $5,333,335Volume
  • 1Closed Transactions
  • $3,052,627Sold Volume

Mike Lombardi specializes in the sale of investment properties including shopping centers, single tenant net lease, mixed use, office and industrial properties on a local, regional and national basis. Mike has represented and closed transactions for all types of clients including private investors, developers and REITs.

Licensed in: NJ
250 Pehle Avenue, Suite 112 Saddlebrook, NJ 07663

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190 First Avenue, Atlantic Highlands, NJ , 07716
  • Size SF3,000
  • Built/Renov2021
  • Price/SF$698
  • Lease Start02-01-2022
  • Rent/SF$36.67
  • Lease Type NN+
  • Lot/AC0.34
  • Pop 5MI87,375

2,095,000

  • Cap Rate 5.25%
  • NOI $110,000
  • R. Term/Yrs 7.2
  • Guarantor Corp R + T
  • # Units 83,282
  • Signalized intersection

  • Hard corner intersection

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Favorable NN+ lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant 7-Eleven
  • Guarantor Corp T and Rated
  • #Units 83,282
  • Moody's/S&P Baa2/ A
  • Stock OTCMKTS: SVNDY
250 River Street, Hackensack, NJ , 07601
  • Size SF6,428
  • Built/Renov1986
  • Price/SF$373
  • Lease Start11-03-2016
  • Rent/SF$28.44
  • Lease Type NN+
  • Lot/AC0.27
  • Pop 5MI575,885

2,400,000

  • Cap Rate 7.77%
  • NOI $186,480
  • R. Term/Yrs 1.11
  • Guarantor Corporate
  • # Units 205
  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Strong tenant synergy

  • Top 100 MSA

  • Strong demographics

  • Favorable NN+ lease

  • Annual rent increases

  • Corporate Guarantee

  • Over 100 Units backed

  • ...
  • Tenant Professional Physical Therapy
  • Guarantor Corporate
  • #Units 205
  • Stock Private

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