1111 N High St - Drug Store FOR SALE


Millville, NJ 08332
$4,450,000 USD
248-702-0288
1111 N High St, Millville, NJ for Sale
$4,450,000 USD
Drug Store - FOR SALE
1/5
null | 8.43% Cap Rate

1111 N High St
Millville, NJ 08332


HIGHLIGHTS

  • Absolute Net Lease | Zero Landlord Responsibilities
  • 5 Years Remaining on Original 25 Year Term
  • Multiple Access Points | Accessible from N. High St N. 2nd Ave & W. Harrison Ave
  • Hard Corner Signalized Intersection | Midnight Store
  • Combined Traffic Counts in Excess of 24,506 VPD+
  • Less Than 10 Minutes from Inspira Medical Center |262-Bed Facility

OVERVIEW

Absolute Net Lease | Zero Landlord Responsibilities 5+ Years Remaining on Original 25 Year Term Multiple Access Points | Accessible from N. High St N. 2nd Ave & W. Harrison Ave Hard Corner Signalized Intersection | Midnight Store Corporate Guarantee | Walgreens | (S&P: "BBB") Combined Traffic Counts in Excess of 24,506 VPD+ Less Than 10 Minutes from Inspira Medical Center |262-Bed Facility Major Local Employer is ARC International | Over 1,000 Employees Population within a 3 Mile Radius Exceeds 29,135 5 Mile Average Household Income is $78,159 National Tenants Surrounding the Immediate Area Include: Target, Walmart, Lowe's, Hobby Lobby, McDonald's, 7-Eleven, WaWa and Many Others

FOR SALE DETAILS

PRICE

$4,450,000 USD

PRICE/SF

$307 USD /SF

CAP RATE

8.43%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens - Midnight Store

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

1.95 AC

LAND SF

84,942 SF

ZONING

B-4

APN/PARCEL ID

10-00281-0000-00001

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.