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1408 Delsea Dr
Woodbury, NJ 08096
Walgreens in Deptford, NJ · Retail Property For Sale
Investment Highlights
- Corporate Backed Long-Term Lease – Walgreens has operated at this location for over 20 years and recently extended their lease until May of 2036
- Walgreens (NASDAQ: “WBA”) has a BBB credit rating by Standard & Poor’s with over $139.5 billion in annual revenue and market cap of $41.82 billion
- Densely Populated Community Less Than 10 Miles from Downtown Philadelphia – Over 181,000 residents within a five-mile radius
- Rare Rent Increase – The lease features a rare 15% rent increase in the initial renewal option
- Located at Signalized Intersection of Two Main Traffic Arteries – Combined daily traffic counts exceed 44,500
- Across from Walmart Supercenter – Other retailers in the immediate area include Dunkin’ Donuts, PNC Bank, Burger King and many more
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,490 SF
Building Class
B
Year Built
2002
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.34
Lot Size
0.99 AC
Zoning
C2, Deptford Twp - Commercial
Parking
120 Spaces (8.28 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 02-00180-0000-00001 | Improvements Assessment | $2,090,000 |
| Land Assessment | $1,610,000 | Total Assessment | $3,700,000 |
Property Taxes
Parcel Number
02-00180-0000-00001
Land Assessment
$1,610,000
Improvements Assessment
$2,090,000
Total Assessment
$3,700,000
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