Property History
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Investment Highlights
- BRAND NEW CONSTRUCTION
Completed in 2020, the subject property is Dollar General's newest urban prototype, designed for dense infill locations - INVESTMENT GRADE CREDIT
Dollar General, a publicly traded company with over 16,000 stores nationally, is rated “BBB” by Standard & Poor’s - PASSIVE OWNERSHIP
Long-term (15-yr.) NNN lease with zero landlord responsibilities or expenses - EXCEPTIONAL DOLLAR STORE DEMOS
Densely populated suburban Philadelphia location with over 202,000 people and Avg. Household Incomes over $93,000 within 5 miles - HEAVILY TRAVELED CORRIDOR
Located on a highly visible hard corner, fronting on S. Black Horse Pike with traffic counts exceeding 14,000 vehicles per day - EASILY ACCESSIBLE LOCATION
DG’s newest urban prototype featuring an "In-town" easily walkable location surrounded by residential neighborhoods, schools and local businesses - POSITIVE POPULATION GROWTH
Population has increased in the 1, 3- and 5-mile rings over the last 5 years and is projected to continue through 2025 - RENTAL INCREASES
10% rental increases in each of the three, five-year options to renew - INTERSTATE ACCESS
Conveniently located less than 1 mile from two different interchanges of the Atlantic City Expressway (42) with traffic counts exceeding 98,000 vehicles per day - SURROUNDED BY COMPLIMENTARY USES
Situated 0.8 miles from the Gloucester Premium Outlets featuring 90 stores and a variety of dining options, 2.3 miles from Elmwood Hills Healthcare Center, a 300-bed Skilled Nursing Facility, adjacent to Our Lady of Hope Regional School with 380 students enrolled and 1.4 miles from Highland Regional High School with over 1,100 students enrolled.
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Contact Information
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Ownership Information
Property Details
Contacts
Listing removed on
BY:
Matthew Gorman PRO
•••.•••.2340
•••••••.••rman@••••.com
Listing removed on
BY:
Michael Shover PRO
•••.•••.2344
•••••••.••over@••••.com
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