695 Delsea DrGlassboro, NJ 08028
- Added:
- Dec 11, 2024
- Days on market:
- 117
Highlights
- New construction Raising Cane's with a 15-year absolute NNN ground lease, including five 5-year renewal options, commencing January 1, 2025.
- Lease features attractive 9% rent increases every 5 years and 10% increases at each renewal option.
- Investment-grade tenant: Fast-growing Raising Cane's, a national QSR chain with over 785 locations and strong sales exceeding $3.7 billion in 2023.
- High-visibility location on Delsea Drive N (NJ Route 47), at the signalized intersection of Donald Barger Boulevard, near major retailers and highways (US Route 322 and NJ Route 55).
- High traffic counts exceeding 28,100 vehicles daily at the property's intersection.
- Strong demographics: Over 54,600 residents within 3 miles, average household income exceeding $117,969, and over 30,200 employees within 5 miles.
Property Details for 695 Delsea Dr
- Property type
- Retail properties
- Square Feet
- 3,026 SF
- Year Built
- 2024
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 68,825 SF
- Units
- 1
Location Insight
- City
- Glassboro
- County
- Gloucester
- State
- New Jersey
- Latitude
- 39.7194673
- Longitude
- -75.1150504
Nearby Similar for Sale
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