25 Fort Dix RdPemberton, NJ 08068

  • Other commercial real estate
  • 8,320 SF
For Sale
$1,917,000 View listing

Property Details for 25 Fort Dix Rd

Year built
2014
Lot size
3.26 AC
Property size (Sq ft)
8,320 SF
Property type
Other commercial real estate
APN
29 00799-0000-00002- 02
APU
290079900000000202

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,092,681
    Hospitality
    $1,916,884
    Educational
    $1,594,825
    Medical
    $1,649,674
    Retail
    $2,480,839
25 Fort Dix Rd, Pemberton, New Jersey

Location Insight

City
Pemberton
County
Burlington
State
New Jersey
Latitude
39.98
Longitude
-74.6804
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$29,234
$423,800
$674,400
$1,098,200
-
$423,800
$674,400
$1,098,200

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