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246 Warren St
Beverly, NJ 08010
Family Dollar | Philadelphia MSA · Retail Property For Sale
PROPERTY FACTS
ABOUT 246 WARREN ST , BEVERLY, NJ 08010
The CBRE Net Lease Property Group is pleased to exclusively offer an 8,320-square-foot freestanding Family Dollar situated on 1.16 acres in Downtown Beverly, New Jersey. Part of the Philadelphia MSA (Population: 6.05 million), Beverley is a highly developed city situated on the Delaware River in western Burlington County, New Jersey. Beverly benefits from a crime rate 27% lower than the national average, proximity to I-295, and the large employers in neighboring towns in Burlington County. In June 2016, Family Dollar signed a new 15-year absolute NNN lease with a 10% rent increase in year 11 and each of the six 5-year renewal options. The site is conveniently located with excellent frontage on the signalized intersection of Warren Street and Cooper Street (Combined Traffic Count: 8,100 VPD) just 1.5 miles north of Highway 130 (Traffic Count: 38,484 VPD) which is used to connect Beverly to Philadelphia and Trenton. Family Dollar is situated within a prominent retail and commercial corridor with 5.6 MSF of retail, 14.7 MSF of industrial and 6,519 multifamily units within a 3-mile radius. It is just 2.3 miles northwest of one the area' s largest indoor farmer' s markets called the Grand Marketplace which draws thousands of visitors and hundreds of vendors every month.
PROPERTY TAXES
| Parcel Number | 02-01162-0000-00001 | Improvements Assessment | $1,750,000 |
| Land Assessment | $500,000 | Total Assessment | $2,250,000 |
PROPERTY TAXES
