STREAM Capital Partners > Properties > All Properties > Dollar General (Dark)

Dollar General (Dark)

Net Lease

2075 Ferry Ave., Camden, New Jersey
Ownership Type:
Fee Simple
Price:
$1,449,370
Cap Rate:
10%%
Current Rent:
$144,937
Tenancy:
Single Tenant
Lease Type:
Triple Net
Lease Expiration Date:
Approx. 8 years
Renewal Options:
(4) five-year options
Building Sq. Ft.:
7,489 SF
Rent Increases:
10% in option periods
Site Size:
1.09 Acres

Investment Highlights

  • ZERO LANDLORD RESPONSIBILITIES: Absolute NNN lease structure allowing for passive ownership.
  • STRONG LOCAL DEMOGRAPHICS: Located in the Philadelphia MSA, The property benefits from an exceptionally dense and built-in consumer base, with over 154,000 residents within a 3-mile radius driving consistent demand for local retail and services.
  • WELL POSITIONED: Situated on Ferry Ave, the site is easily accessible via I-675 and I-295 and is located just steps away from the heart of the school’s local footprint, 2075 Ferry Ave is uniquely positioned near Camden Prep, which serves a growing student body of approximately 1,465 students across its modern K–12 campuses.
  • INVESTMENT GRADE TENANT: Dollar General has a credit rating of BBB by Standard & Poors.
Ownership Type:
Fee Simple
Price:
$1,449,370
Cap Rate:
10%%
Current Rent:
$144,937
Lease Type:
Triple Net
Lease Expiration Date:
Approx. 8 years
Renewal Options:
(4) five-year options
Building Sq. Ft.:
7,489 SF
Rent Increases:
10% in option periods
Site Size:
1.09 Acres

Listing Agents

Jordan Koeppel

Senior Vice President
561 789 5504[email protected]

Broker of Record: Michael Antonoplos, Lic. #NJ – 8132327

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