Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY N/A

Documents

I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 2000
Building Area Gross
Number of units 1
Occupancy 100.0 %
Call for Offers 2022-01-11

Asset Description

Jones Lang LaSalle Americas, Inc. (“JLL”), a licensed real estate broker, is pleased to exclusively offer a freestanding Dollar General in Franklinville, NJ (the “Property” ). Dollar General (BBB; S&P) commenced operations in 2013 and recently extended their term to 2028, showing a commitment to the location. The offering enables investors to acquire a property leased to an investment grade tenant, supported by a corporate guaranty and attractive, 10% rental escalations every five (5) years.

Investment Highlights

Ideally Situated Between New Jersey State Route 47 and County Road 538

  • Traffic Counts:
    • Delsea Drive (NJ 47): 7,500 VPD
    • Coles Mill Road (County Rd. 538): 6,500 VPD

Commitment to The Location

  • Tenant exercised a five (5) year option early, extending term to 2028
  • One (1) five (5) year option remaining

Investment Grade Tenant with Corporate Guaranty

  • BBB (S&P)

Strong Performing Dollar General within the Market

Last Updated Date: 01 Mar 2022

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Last Updated Date: 01 Mar 2022

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