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Walgreens 25 E Broad St

12,558 SF Retail Building Bridgeton, NJ 08302 £4,564,292 (£363/SF) 6% Net Initial Yield

Investment Highlights

  • Walgreens Absolute Net
  • Double Drive-Thru Location
  • Prime location with high visibility

Executive Summary

This prime property, located in Bridgeton, New Jersey, boasts a long-term lease with Walgreens, offering 9+ years remaining with 10(5) year options. Situated in a highly visible location, it features a double drive-thru setup for added convenience. This is an excellent investment opportunity. The seller is motivated and open to considering all offers.

Attachments

Walgreens - Bridgeton, NJ - OM vf

Property Facts

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Drug Store
Building Size
12,558 SF
Building Class
C
Year Built
1976
Price
£4,564,292
Price Per SF
£363
Net Initial Yield
6%
NOI
£273,858
Tenancy
Single
Number of Floors
1
Slab to Slab
11 ft
Building FAR
0.28
Land Acres
1.03 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Parking
75 Spaces (9.53 Spaces per 1,000 SF Leased)
Frontage
199 ft on E Broad St

Amenities

  • Corner Lot
  • Pylon Sign
  • Signage
  • Drive Thru
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Walk Score ®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 01-00118-0000-00002 Improvements Assessment £2,667,607
Land Assessment £70,968 Total Assessment £2,688,498

PROPERTY TAXES

Parcel Number
01-00118-0000-00002
Land Assessment
£70,968
Improvements Assessment
£2,667,607
Total Assessment
£2,688,498
(949) 942-1301

  • Listing ID: 30425457

  • Date on Market: 22/12/2023

  • Last Updated:

  • Address: 25 E Broad St, Bridgeton, NJ 08302

The Retail Property at 25 E Broad St, Bridgeton, NJ 08302 is currently available For Sale. Contact Graystone Capital Advisors for more information.

Nearby Listings

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25 E Broad St, Bridgeton, NJ for sale Building Photo- Image 1 of 11
Primary Photo
25 E Broad St, Bridgeton, NJ for sale Building Photo- Image 2 of 11
Front
25 E Broad St, Bridgeton, NJ for sale Building Photo- Image 3 of 11
parking lot
25 E Broad St, Bridgeton, NJ for sale Building Photo- Image 4 of 11
side front
25 E Broad St, Bridgeton, NJ for sale Building Photo- Image 5 of 11
signage
25 E Broad St, Bridgeton, NJ for sale Building Photo- Image 6 of 11
Sidewalk parking lot view
25 E Broad St, Bridgeton, NJ for sale Building Photo- Image 7 of 11
side
25 E Broad St, Bridgeton, NJ for sale Building Photo- Image 8 of 11
back of building 1
25 E Broad St, Bridgeton, NJ for sale Building Photo- Image 9 of 11
street view1
25 E Broad St, Bridgeton, NJ for sale Plat Map- Image 10 of 11
Plat Map

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© 2024 CoStar Group

Walgreens | 25 E Broad St
(949) 942-1301 x

Walgreens | 25 E Broad St

1/2

Brenton Baskin

(949) 942-1301

(949) 942-1301

Lawrence Gariano

(609) 220-3583

(609) 220-3583

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