1441 State Rt 23
Butler, NJ 07405
New QuickChek | 20-Year Absolute NNN Lease · Retail Property For Sale

The Jonna Group of Marcus & Millichap is pleased to present the exclusive listing of a brand new construction, built to specification prototype QuickChek, located in Butler, New Jersey, an affluent borough in Morris County. Butler is located in Northern New Jersey and is less than 1 hour from New York City. Northern New Jersey is an infill demographic of roughly 4 million residents as part of the high density New York metro that is linked to the city by the George Washington Bridge, the Lincoln Tunnel, the Holland Tunnel, several ferries and commuter rail tunnels. QuickChek signed a brand new corporate-backed 20-year absolute-net lease with rent escalations every five years and in the subsequent (4) 5-year renewal options. QuickChek is a best-in-class tenant within the highly sought-after convenience sector and a tier-one retailer that is both online and recession resistant, with awards to include but not limited to: 2016 Foodservice Innovator of the Year, 2016 Best Place to Work and notably, 2016 Chain of the Year. This newly constructed asset is strategically located on the highly trafficked New Jersey Route 23 state highway with 53,000+ vehicles traveling per day. The subject property is located within a heavily populated area that is comprised of over 72,000 people in a 5-mile radius. National retailers are in abundance within the immediate vicinity, to include: Walmart, Lowe’s, The Home Depot, Target, Bed Bath & Beyond, Marshalls, Petco, Rite Aid, Stop & Shop, PNC Bank, McDonald’s, Burger King, Wendy’s, Dairy Queen, Dunkin’ Donuts, The UPS Store, Outback Steakhouse and many more.