3849 S Delsea Dr - Fast Food FOR SALE
Vineland, NJ 08360 |
3849 S Delsea Dr
Vineland, NJ 08360
HIGHLIGHTS
- Corporate Guarantee: lease guaranteed by Chick-fil-A, one of the most popular QSR chains in the country & more than 3,000 units and $6.37B '22 revenue
- Top 10 Chick-fil-A in NJ, in the 84th percentile of locations nationwide and Top 1% of QSR traffic volume across the the country (Placer.ai)
- Chick-fil-A has over 8 years remaining on a 20-year NNN lease with four 5-year options to renew and zero landlord responsibilities.
- Subject Property’s lease includes 10% rental increases every five years in the base term and in each option period
- Signage/visibility at signalized entrance to Cumberland Mall from S. Delsea Drive (26,219 VPD); hundreds of feet from Route 47/Route 55 interchange
- Outparcel to the 941,148 SF Cumberland Mall; located within a dense commercial corridor on Route 47 in close proximity to national tenants
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant
TOTAL BUILDING SIZE
4818
STORIES
1
YEAR BUILT
2012
SPRINKLERS
-
PARKING SPACES
48
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
-
