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Dollar General - 2549 S Broad St, Hamilton Township, NJ

Property Details

  • Price :

  • Square Feet :

  • Cap Rate :

  • $2,150,000

  • 7,500

  • 6.50%

  • NOI :

  • Acres :

  • $139,500

  • 3.01

  • Property Type :

  • Property Status :

  • Net Lease

  • Under Agreement

Investment Highlights

  • New construction (2018) Dollar General store located in Hamilton, Mercer County, New Jersey
  • Essential business which stayed open during COVID lockdown
  • Corporate guarantee (S&P Rated BBB) Investment Grade Credit
  • 3–5-year renewal options with 10% increases at each option
  • Rare 15-year original lease term
  • Large site – 3.01 acres
  • Immediately adjacent to I-295
  • Next door to 275,000 SF Independence Plaza anchored by Regal Cinemas, Dollar Tree, Ollie's Bargain Outlet, not to mention other area retailers including McDonald's, Bank of America, Wendy's, Chase Bank, Walgreens, and Dunkin' Donuts
  • Excellent demographics with over 214,000 people within 5 miles and over $91,000 average annual household income within 1 mile
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