This exceptional investment opportunity presents a newly constructed, freestanding Dollar General store located at 3576 Northwest Boulevard, Vineland, NJ 08360. The property boasts a 9,100 square foot building situated on a 2.7-acre lot, offering excellent visibility and frontage on a high-traffic corner with over 12,500 vehicles passing daily. A 15-year absolute NNN lease, commencing April 28, 2022, provides exceptional long-term stability and minimal landlord responsibilities. The lease includes a rare 5% rental increase every five years throughout the primary term and four subsequent five-year option periods. The corporate guarantee from Dollar General (NYSE: DG), an investment-grade credit tenant rated BBB by Standard & Poor's, further enhances the security of this investment. The property benefits from a strong demographic profile, with a population exceeding 56,000 within a five-mile radius and an average household income over $88,000. Its strategic location offers convenient access to major East Coast cities, including Philadelphia (33 miles), Atlantic City (36 miles), Wilmington (38 miles), New York City (119 miles), and Baltimore (104 miles). This is a compelling opportunity for investors seeking a stable, long-term, and virtually management-free investment with significant upside potential. The property is priced at $2,117,332, generating a net operating income of $139,743. The building features high-quality 2022 construction with brick on all four sides.
Highlights
New 15-year absolute NNN lease with Dollar General, including 5% rent increases every 5 years.
Prime Vineland, NJ location boasts over 12,500 vehicles daily, excellent visibility, and strong demographics.
Retail property - High-yield NNN retail property in Vineland, NJ.
Where is the retail property located?
The property is located at 3576 Northwest Boulevard Vineland, NJ.
What is the asking price?
The asking price for this property is $2,117,332.
What are key features of this property?
This property features: New 15-year absolute NNN lease with Dollar General, including 5% rent increases every 5 years.; Prime Vineland, NJ location boasts over 12,500 vehicles daily, excellent visibility, and strong demographics.; Investment-grade tenant (S&P rated BBB) provides a stable, long-term, zero-landlord-responsibility investment.
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3576 Northwest Boulevard Vineland, NJ 08360
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3576 Northwest Boulevard
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