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2 S White Horse Pike
Berlin, NJ 08009
Royal Farms · Retail Property For Sale

Investment Highlights

  • • Long Term Corporate Lease with (19) Years Remaining on Term
  • • Essential Retailer in which Tenant has been open and operating
  • • Highly Trafficked Location l Royal Farms at the intersection of S. White Horse Pike & Berlin Cross-Keys Road with a combined vehicle count of 43.5K+
  • • Absolute Triple Net (NNN) Ground Lease with Zero Landlord Responsibilities
  • • Significant Tenant Investment featuring (16) premium gas pumps and state-of-the-art convenience store
  • • Stable Upper Middle-Class Demographics l Average Household Income is $97K in a 3-mile radius & 123.5K Residents within a 5-mile trade area

Property Facts

Property Type
Retail
Property Subtype
Convenience Store
Building Size
5,371 SF
Building Class
B
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.01 AC
Zoning
C-2 - Commercial
Parking
27 Spaces (5.02 Spaces per 1,000 SF Leased)
Frontage
413’ on S White Horse Pike

Amenities

  • Signage

Property Taxes

Property Taxes

Parcel Number
05-01300-0000-00004
Land Assessment
$1,275,000
Improvements Assessment
$1,879,200
Total Assessment
$3,154,200
  • Listing ID: 21390494

  • Date on Market: 11/2/2020

  • Last Updated:

  • Address: 2 S White Horse Pike, Berlin, NJ 08009

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