25 Fort Dix Rd - Freestanding FOR SALE


Pemberton, NJ 08068
$1,917,000 USD
305-281-8087
25 Fort Dix Rd, Pemberton, NJ for Sale
$1,917,000 USD
Freestanding - FOR SALE
1/4
null | 7.5% Cap Rate

25 Fort Dix Rd
Pemberton, NJ 08068


HIGHLIGHTS

  • Corporate Absolute NNN lease with Zero Landlord Responsibilities
  • Attractive 10% Increases Every Five Years
  • Oversized 3.4 Acre Parcel
  • Fortune 500 Company with an S&P Investment Grade Credit Rating of “BBB”
  • Located Near Wawa, PNC Bank, Burger King, Enterprise Rent-A-Car and Others
  • Affluent Demographics with Average Household Income Exceeding $111,000 within Five Miles

OVERVIEW

The subject property is a Family Dollar located at 25 Fort Dix Road in Pemberton, New Jersey. The site consists of approx. 8,320 rentable square feet of building space on an estimated 3.4-acre parcel of land. This Family Dollar has approx. six years remaining on an absolute triple-net (NNN) lease. There are attractive 10% increases every five years in both the base term and in each of the six, five-year renewal options.

FOR SALE DETAILS

PRICE

$1,917,000 USD

PRICE/SF

$230 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Fast Food, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

3.39 AC

LAND SF

147,668 SF

ZONING

NEC

APN/PARCEL ID

29-00799-0000-00002-02

ASK ABOUT THIS PROPERTY

Benedict GutierrezBerlin GroupMore Info
305-281-8087

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Benedict GutierrezBerlin GroupMore Info
305-281-8087

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.