The Home Depot Superstore - Vauxhall, NJ
Trophy Home Depot Opportunity in Infill Northern NJ
Marketing description
Jones Lang LaSalle Americas, Inc. (“JLL”), a licensed real estate broker, has been retained on an exclusive basis to arrange the sale of The Home Depot Super Store Vauxhall (the "Home Depot" or “Property”), a ±232,000-square-foot, single-tenant retail facility located in the Vauxhall section of Union Township, New Jersey. The Property operates under an absolute NNN ground lease with approximately 13 years of firm term remaining, and 7.5% rent increases every five years through ten five-year renewal options, offering investors long-term, predictable cash flow with zero landlord responsibilities. As the largest Home Depot location in the world, the store supports retail sales, storage, and regional operations, ranking in the 98th percentile nationally, with roughly 1.5 million annual visits per Placeri.AI. The Home Depot, rated A (S&P) and A2 (Moody’s), and the 24th largest public company by market cap at $414B, is one of the most stable and desirable credit tenants in the single-tenant net lease market.
Investment highlights
World's Largest Home Depot with Institutional Grade Credit
Premier Northern New Jersey Retail Corridor with Strong Connectivity
Affluent and Densely Populated Trade Area Supporting Long-Term Stability
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