150 Us Highway 206
Chester, NJ 07930
Quick Chek Food Store · Retail Property For Sale

Fieldstone Real Estate LLC is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, corporate guaranteed, Quick Chek investment property located in Chester, NJ. The tenant has (4) years remaining in their lease term, as result of a recent five-year extension showing Tenant commitment to the space; in addition to two (5) year option periods to extend granted to Tenant. The lease features a 12.5% rental increase in both option periods, beginning in March 2024; steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor. The lease is also corporately guaranteed by Quick Chek Food Stores., an investment grade, rated “_________“ by Standard & Poor’s. Quick Chek is strategically located near the signalized, hard corner intersection of Route 206 and 4 Bridges Road, averaging a combined _________ vehicles passing by daily. The asset is ideally positioned along the main retail thoroughfare for the _____________ submarket. The site sits just (1) mile from the Chester Spring Shopping Center, anchored by ShopRite, CVS, HomeGoods and Marshall's and the _______________ Mall , a popular shopping center anchored by Wahlgreens. Other nearby national/credit tenants in the center include: Panera Bread, Dunkin’ Donuts,Starbucks & Verizon, further increasing consumer draw to the trade area. Moreover, the asset is one block from West Morris Central High School with approximately 1200 students, providing a direct consumer base from which to draw. The 5-mile trade area is supported by a dense population of over __________ residents with an average household income of $____________.