Property Details

Dollar General

Penns Grove, NJ
Property ID: 13889

Financial Summary

Asking Price $1,845,485
Cap Rate 6.75%
Net Operating Income (NOI) $124,550
Lease Type NN
Lease Term Remaining 9 Years

Offering Memorandum

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Contact

Richard Murphy, CCIM
Senior Vice President U.S. Capital Markets Net Lease Group
703.288.2700
Andrew Wilmoth
Senior Associate
865.474.8786

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Highlights

  • Dollar General exercised option early
  • Close to Delaware Memorial Bridge, Wilmington, DE and Philadelphia, PA
  • First exit off New Jersey Turnpike in NJ
  • Strong demographics for a Dollar General location
  • 2011 vintage roof with remaining warranty
  • Proven location

Net Lease Advisor

For more information on this tenant, including averages, overview and credit ratings, visit NetLeaseAdvisor.com.

Location

191 South Virginia Ave
Penns Grove, NJ

Leigh ClineDollar General