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Burger King | Mavis Discount Tire

Retail | 5.75% CAP | 9,450 SF

Listing Contacts

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Active

Asking Price: $4,239,130
Listing Broker NameBrian Brockman
Address 

3403 S Delsea Dr, Vineland, NJ 08360

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Date Added
Mar 5, 2025
Days on Market
67 days
Time Since Last Update
45 days

Details

Property TypeRetail
SubtypeAuto Shop, QSR/Fast Food
Investment TypeNet Lease
Investment Sub TypeAutomotive | Restaurant
Lease TypeNNN
Tenant CreditFranchisee, Corporate Guarantee
TenancyMulti
Brand/TenantBurger King | Mavis Discount Tire
Number of Tenants2
Square Footage9,450
Price/Sq Ft$448.59
Cap Rate5.75%
Occupancy100%
NOI$243,750
Year Built2021
Buildings2
Stories1
Lot Size (acres)5.3
OwnershipFee Simple
IntelligenceINTELLIGENCE
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Marketing Description

NNN Pro is pleased to present the exclusive listing for a Burger King located at 3403 South Delsea Drive, Vineland, NJ 08360.​ The site consists of roughly 2,750 rentable square feet of building space on an estimated 2.65-acre parcel of land.​ This offering also comes with developable land located on this parcel.​ This Mavis Discount Tire is subject to a 20-year Triple Net (NNN) lease, which commenced 6/17/2021.​ The current annual rent is $112,500 and has scheduled increases of 10.00% every 5 years.​

NNN Pro is pleased to present the exclusive listing for a Mavis Discount Tire located at 3403 South Delsea Drive, Vineland, NJ 08360.​ The site consists of roughly 6,700 rentable square feet of building space on an estimated 2.65-acre parcel of land.​ This offering also comes with developable land located on this parcel.​ This Mavis Discount Tire is subject to a 20-year Triple Net (NNN) lease, which commenced 6/16/2021.​ The current annual rent is $131,250 and has scheduled increases of 5.00% every 5 years.​

Investment Highlights

  • Long-Term Absolute Net Leases | This investment features two buildings on a single parcel, occupied by strong national tenants, Burger King and Mavis. Both tenants operate under long-term absolute net leases with 20-year terms, ensuring stability and reliable income.

  • Attractive Rental Increases to Hedge Against Inflation | This investment features built-in attractive rental increases, providing a natural hedge against inflation. Mavis offers 5.00% rental escalations every five years, while Burger King delivers even more robust growth with 10.00% increases every five years.

  • In Close Proximity to Cumberland Mall | The property is strategically located in close proximity to Cumberland Mall, a major retail hub featuring over 100 national retailers. This prime location benefits from high foot traffic and strong consumer activity, further enhancing the visibility and attractiveness of the investment.

  • High Vehicles Per Day and High Visibility | The property boasts high visibility and significant traffic, situated off South Delsea Drive, which experiences over 22,000 vehicles per day. This prime location ensures strong exposure for both tenants, driving consistent customer traffic and enhancing the overall value of the investment.

  • Surrounded by National Retailers | The property is surrounded by a strong mix of national retailers, including ShopRite, Walmart, Lowe's, Target, Kohl's, PetSmart, Ross, Wawa, Chick-fil-A, Chipotle, Best Buy, The Home Depot, and many more. This retail corridor drives consistent foot traffic and provides an excellent draw for customers, further increasing the property's appeal and investment potential.

  • Heavy Foot Traffic from Hospital and Educational Institutions | The property benefits from heavy foot traffic due to its proximity to key institutions, including Inspira Medical Center Vineland, Rowan College of South Jersey Cumberland Campus, Cumberland County Technical Education Center, and Millville Public Charter School.

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$243,750.00
$20,312.50/mo

Valuation Metrics

0
DSCR
5.75%
Cap Rate
5.75%
ROI

Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

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Listing Contacts

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Broker of Record
Brian Brockman
Broker of Record: License Type
2078547
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