403 Delsea Dr - Fast Food FOR SALE
Malaga, NJ 08328 |
$1,385,000 USD
248-702-0288
403 Delsea Dr
Malaga, NJ 08328
HIGHLIGHTS
- Attractive Low Rent Ground Lease with 1+ Year Remaining in Term | 1.41 Acre Lot
- Zero Landlord Responsibilities | Ideal for Passive or Out of State Investors
- Strong Commitment to the Site with 25+ Years at this Location | Full Remodel with Double Drive-Thru Added in 2015
- Corporate Guarantee | World's Largest Restaurant Chain by Revenue | NASDAQ: MCD | S&P Rated BBB+
- Lease Supports Three, 5-Year Options with Strong 10% Rent Increases in Each Option
- High Volume Traffic Location | Visible and Accessible From Delsea Dr and West Blvd | Traffic Counts Exceed 29,578 VPD+
FOR SALE DETAILS
PRICE
$1,385,000 USD
PRICE/SF
$396 USD /SF
CAP RATE
4.53%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2001
SPRINKLERS
-
PARKING SPACES
50
LAND DETAILS
LAND ACRES
1.41 AC
LAND SF
61,419 SF
ZONING
MV
APN/PARCEL ID
05-05101-0000-00027
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248-702-0288
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248-702-0288
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