The subject property is a newly constructed freestanding Dollar General, located at a high-visibility intersection in Vineland (Outside Philadelphia), NJ. This asset is backed by a 15-year absolute NNN lease that commenced in April 2022 which includes 5% rent increases every five years and (4) 5-year renewal options. The lease is corporately guaranteed by Dollar General (NYSE: DG), a BBB-rated, investment-grade tenant.
The property benefits from combined traffic counts over 12,500 vehicles per day, a 5-mile population of over 56,000, and an average household income of $88,000. It’s minutes from downtown Vineland and situated between key East Coast metros—33 miles from Philadelphia, 36 miles from Atlantic City, and under 120 miles from NYC. Strategically located in Southern New Jersey, Vineland is the state’s largest city by land area and a major economic driver within Cumberland County. With a population of approximately 60,000, the city offers an attractive mix of affordability, accessibility, and development potential—ideal for commercial and mixed-use investment. Positioned along Route 55, it provides direct access to Philadelphia (45 miles) and the Jersey Shore (30 miles), making it a natural hub for distribution and commuter traffic.
Vineland is part of a designated Urban Enterprise Zone (UEZ), offering tax incentives that have attracted national retailers, manufacturers, and food processing firms. Its diverse economy, anchored by healthcare, agriculture, and education, includes employers such as Inspira Health Network, Rich Products Corporation, and Comar. With strong retail demand, major national tenants like Walmart, Target, and The Cumberland Mall serve both local and regional consumers. Access to a skilled workforce and training support from Rowan College of South Jersey further enhance its long-term growth profile. This offering presents a rare opportunity to acquire a passive, long-term, corporately guaranteed investment with zero landlord responsibility.