2 US-130, Burlington, NJ
Deal Type:
Net Lease
Cap Rate:
Current Rent:
Lease Type:
Triple Net
Lease Term:
15 years
Landlord Responsibilities:
Renewal Options:
12 (5 Year) Options
Building Sq. Ft.:
12,751 SF
Rent Increases:
5% every 5 years including options
Site Size:
2.35 Acres

Investment Highlights

  • Walgreens just signed a new 15 year NNN lease with extremely rare 5% rent increases every 5 years throughout the entire term of the lease
  • Extremely well-performing store with $3.2 million in sales volume
  • This Walgreens is located in a dense market, nearby retailers include McDonald’s, Wawa, and KFC
  • Located at two fully signalized intersections & three points of access. Property benefits from both morning & evening commuters with a combined 42,000 VPD on US-130
  • Densely populated community with a population of over 163,000 people and average HH Income of $95,942 within 5 Mile Radius
  • Property sits on a highly desirable 2.35 AC parcel
  • Wilbur Watts Intermediate School (Adjacent North) – Over 440 Students + Faculty and Burlington City High School (Adjacent South) – Over 760 Student + Faculty

Listing Agents

phil digennaro stream capital partners

Phil DiGennaro

Managing Director
203 610 1541
[email protected]

Taylor Trepinski

Vice President
786 684 1975
[email protected]
John Woodcock Stream Capital Partners

John Woodcock

Vice President
503 853 6108
[email protected]

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

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