For Sale
$1,917,000

25 Fort Dix RdPemberton, NJ 08068

Pemberton, NJ: 8,320 SF Family Dollar, 7.5% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
115
This Pemberton, NJ, Family Dollar offers a compelling net lease investment opportunity. The property boasts 8,320 square feet on a 3.39-acre lot, featuring a 100% occupied, single-tenant building. The absolute NNN lease with Family Dollar (a Fortune 500 company with a BBB credit rating) provides zero landlord responsibilities and has a remaining term of approximately 5.6 years. Built in 2014, the property benefits from a 10% rent increase every five years, extending through six, five-year renewal options. The asking price is $1,917,000, representing a 7.50% cap rate and a price per square foot of $230.41. The lease commenced April 1, 2015, and expires June 30, 2030. The property is located at 25 Fort Dix Rd, Pemberton, NJ 08068, and is situated near a major military base, contributing to strong demographics with an average household income exceeding $111,000 within a five-mile radius. This fee-simple ownership provides a stable, long-term investment with significant upside potential. The property is classified as a convenience store, grocery store, and QSR/fast food establishment.

Highlights

  • Corporate Absolute NNN Lease with zero landlord responsibilities.
  • Attractive 10% rent increases every five years.
  • Oversized 3.4-acre parcel.
  • Affluent demographics with average household income exceeding $111,000 within a 5-mile radius.
  • Located minutes from a major military base.
  • Family Dollar (NYSE: DLTR), a Fortune 500 company with a BBB credit rating.

Property Details for 25 Fort Dix Rd

Property type
Retail properties, Grocery and convenience stores
Square Feet
8,320 SF
Year Built
2014
Buildings
1
Stories
1
Lot Size (sq. ft)
147,668 SF
Units
1

Location Insight

City
Pemberton
County
Burlington
State
New Jersey
Latitude
39.9799742
Longitude
-74.6800989
25 Fort Dix Rd, Pemberton, New Jersey

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25 Fort Dix Rd
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