For Sale
$3,913,043

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
695 Delsea Dr, Glassboro, New Jersey

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695 Delsea Dr
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