Trenton, NJ - Dollar General

1420 Chambers St, Trenton, NJ

$2,197,000

Price

6.35%

Cap Rate

$139,500

NOI

Overview
Cap Rate
6.35%
NOI
$139,500
Building Size
8,313 sqft
Lot Area
1 acres
Description

• Dollar General recently signed a brand new 15-year lease with 3 (5-year) options to extend, demonstrating their commitment to this location
• 2023 construction with high quality materials, distinct design elements, and high-level finishes
• The lease is corporate guaranteed by Dollar General, Corp., an investment grade (S&P: BBB), nationally recognized, and an established discount store with more than 19,720 locations in 47 states as of November 2023

• Dollar General is ideally fronting Chambers Street averaging 12,200 VPD
• 2 miles from Downtown Trenton and 34 miles from Downtown Philadelphia
• 1.2 miles off I-295, allowing for users to benefit from direct on/off ramp access to the site and nearby trade areas
• Less than 1.5 miles from Independence Plaza, an Ollie’s anchored neighborhood center that ranks in the top 81% of all neighborhood centers nationally (1.6M+ visits a year)


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Listing ID: a28TP0000008Y4XYAU
Location
Gallery