Burger King | Mavis Discount Tire
Vineland, NJ
Key Details
| Price: | $4,239,130 |
|---|---|
| Cap Rate: | 5.75% |
| Annual Rent: | $243,750 |
| Address: | 3403 South Delsea Drive, Vineland, New Jersey 08360 |
| Property Type: | Retail |
Property Data
| Lot Size: | 5.30 Acres |
|---|---|
| Building Size: | 9,450 SF |
| Year Built: | 2021 |
NNN Pro is pleased to present the exclusive listing for a Burger King located at 3403 South Delsea Drive, Vineland, NJ 08360. The site consists of roughly 2,750 rentable square feet of building space on an estimated 2.65-acre parcel of land. This offering also comes with developable land located on this parcel. This Mavis Discount Tire is subject to a 20-year Triple Net (NNN) lease, which commenced 6/17/2021. The current annual rent is $112,500 and has scheduled increases of 10.00% every 5 years.
NNN Pro is pleased to present the exclusive listing for a Mavis Discount Tire located at 3403 South Delsea Drive, Vineland, NJ 08360. The site consists of roughly 6,700 rentable square feet of building space on an estimated 2.65-acre parcel of land. This offering also comes with developable land located on this parcel. This Mavis Discount Tire is subject to a 20-year Triple Net (NNN) lease, which commenced 6/16/2021. The current annual rent is $131,250 and has scheduled increases of 5.00% every 5 years.
Key Details
| Price: | $4,239,130 |
|---|---|
| Cap Rate: | 5.75% |
| Annual Rent: | $243,750 |
| Address: | 3403 South Delsea Drive, Vineland, New Jersey 08360 |
| Property Type: | Retail |
Property Data
| Lot Size: | 5.30 Acres |
|---|---|
| Building Size: | 9,450 SF |
| Year Built: | 2021 |
Talk to the Pros
Glen Kunofsky
gkunofsky@nnnpro.com
License: NY: 49KU1129178
Kyle Karsian
kkarsian@nnnpro.com
License: NY: 10401321452
Gordon Pollock
gpollock@nnnpro.com
License: NY: 10401370688
Davis Ford
dford@nnnpro.com
License: NY: 10401379279
Broker of Record
Brian Brockman
Bang Realty-New Jersey, Inc
License: 2078547
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This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.