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Family Dollar 25 Fort Dix Rd

8,320 SF Retail Building Pemberton, NJ 08068 £1,524,575 (£183/SF) 7.50% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • Corporate Absolute NNN lease with Zero Landlord Responsibilities
  • Oversized 3.4 Acre Parcel
  • Located Near Wawa, PNC Bank, Burger King, Enterprise Rent-A-Car and Others
  • Attractive 10% Increases Every Five Years
  • Fortune 500 Company with an S&P Investment Grade Credit Rating of “BBB”
  • Affluent Demographics with Average Household Income Exceeding $111,000 within Five Miles

EXECUTIVE SUMMARY

The subject property is a Family Dollar located at 25 Fort Dix Road in Pemberton, New Jersey. The site consists of approx. 8,320 rentable
square feet of building space on an estimated 3.4-acre parcel of land. This Family Dollar has approx. six years remaining on an absolute
triple-net (NNN) lease. There are attractive 10% increases every five years in both the base term and in each of the six, five-year renewal
options.

ATTACHMENTS

OM Family Dollar - Pemberton, NJ

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,320 SF
Building Class
B
Year Built
2015
Price
£1,524,575
Price Per SF
£183
Net Initial Yield
7.50%
NOI
£114,320
Tenancy
Single
Number of Floors
1
Building FAR
0.06
Lot Size
3.39 AC
Zoning
NEC - Neighborhood Commercial
Parking
38 Spaces (4.57 Spaces per 1,000 SF Leased)
Frontage
188 ft on Fort Dix Road
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NEARBY MAJOR RETAILERS

WSFS Bank
TD Banknorth

PROPERTY TAXES

Parcel Number 29-00799-0000-00002-02 Improvements Assessment £535,325
Land Assessment £336,404 Total Assessment £871,729

PROPERTY TAXES

Parcel Number
29-00799-0000-00002-02
Land Assessment
£336,404
Improvements Assessment
£535,325
Total Assessment
£871,729
(305) 281-8087

CONTACT

  • Listing ID: 31818999

  • Date on Market: 16/05/2024

  • Last Updated:

  • Address: 25 Fort Dix Rd, Pemberton, NJ 08068

The Retail Property at 25 Fort Dix Rd, Pemberton, NJ 08068 is currently available for sale. Contact Berlin Group for more information.

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Family Dollar | 25 Fort Dix Rd
(305) 281-8087 x

Family Dollar | 25 Fort Dix Rd

Benedict Gutierrez

(305) 281-8087

(305) 281-8087

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