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McDonald's 1 N Virginia Ave

3,838 SF Retail Building Penns Grove, NJ 08069 £1,479,375 (£385/SF) 4% Net Initial Yield

Investment Highlights

  • This McDonald’s location is currently under construction and is scheduled to open in Spring 2025. Upon completion, a brand-new 20-year lease
  • McDonald’s benefits from the strong demographics surrounding this location, with 81,143 people within 5-mile of the site.
  • McDonald’s is the world’s largest fast-food chain, operating over 41,000 locations worldwide and generating more than $23.2 billion in annual reven

Executive Summary

Equity Retail Brokers is proud to offer for sale a newly constructed McDonald’s in Penns Grove, NJ, scheduled to open in Spring 2025. The property will be secured by a 20-year corporate guaranteed NNN ground lease, set to commence upon the completion of construction. With
an S&P credit rating of "BBB+," McDonald’s provides investors with a stable and secure investment opportunity, backed by its global reputation and financial strength. Strategically located on North Virginia Avenue, this property benefits from exceptional visibility and accessibility, with two convenient points of ingress and egress. It is positioned adjacent to a newly constructed Wawa, which opened in August 2024, further enhancing the site’s traffic and appeal.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,838 SF
Year Built
2025
Construction Status
Under Construction
Price
£1,479,375
Price Per SF
£385
Net Initial Yield
4%
NOI
£59,175
Tenancy
Single
Number of Floors
1
Building FAR
0.12
Land Acres
0.72 AC
Zoning
H-C/I - Highway Commercial / Industrial
  • Listing ID: 33994550

  • Date on Market: 25/11/2024

  • Last Updated:

  • Address: 1 N Virginia Ave, Penns Grove, NJ 08069

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