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3580 Route 47
Millville, NJ 08332
AbsNNN Corp Dollar General | Upgraded Build · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 15-Year Absolute NNN Lease to Investment Grade Tenant with Strong Financials | Corp Guaranty (NYSE: “DG”) | Dollar General Corp is Rated “BBB" by S&P
  • New 2019 Upgraded Construction Featuring Latest Dollar General Prototype
  • At the Confluence of New Jersey Motorsports Park (500,000+ Annual Visitors), Belleplain State Forest (410,000+ Annual Visitors)
  • High-Traffic Location Near Prominent Recreational Attractions | Excellent Visibility and Access to 17,459 Vehicles Per Day Directly in Front
  • Gateway to Atlantic City (27 Million Annual Visitors, $2.86 Billion Generated in Annual Gaming Revenue)

PROPERTY FACTS

Property Type
Retail
Property Subtype
Department Store
Building Size
9,100 SF
Building Class
B
Year Built
2019
Building Height
1 Story
Building FAR
0.11
Lot Size
1.98 AC
Zoning
VB
Frontage
495’ on Route 47

ABOUT 3580 ROUTE 47 , MILLVILLE, NJ 08332

The property is conveniently located on New Jersey State Route 47, with excellent visibility and access to 17,459 vehicles per day directly in front of the location. Visibility is increased by the site’s location along a major North-South thoroughfare, as Route 47 connects the Northern and Southern tips of New Jersey. The property is across the street from Maurice River Township Elementary School (418 students) and surrounded by a strong mixture of local businesses and residential amenities. The site is centrally located at the confluence of New Jersey Motorsports Park (500,000+ annual visitors), Belleplain State Forest (410,000+ annual visitors), Natural Lands’ Glades Wildlife Refuge, and Delaware Bay, which is the second busiest U.S. waterway. The location also serves as a gateway to Atlantic City, which experiences 27 million annual visitors and generated $2.86 billion in gaming revenue in 2018. The property is located within a one-hour drive of five different State Game Lands hunting grounds, attracting impactful amounts of outdoor recreationists to the area. Traffic to the site is also increased by its proximity to popular tourist attractions such as High Point State Park, Stokes State Forest, Space Farms Zoo & Museum, and Raymondskills Falls. The location is primed to serve a large tourist customer base, as New Jersey tourism generated $10.5 billion in 2018 revenue. The site also experiences increased traffic from its location neighboring Montague Elementary School (215 students) and its nearby access to several well established local businesses and community hubs in Montague Township’s primary retail corridor. Commuter traffic to the site is increased by the location’s proximity to Downtown Milford, three miles away.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-00239-0000-00015
Land Assessment
$300,000
Improvements Assessment
$1,845,000
Total Assessment
$2,145,000
  • Listing ID: 18209579

  • Date on Market: 1/16/2020

  • Last Updated:

  • Address: 3580 Route 47, Millville, NJ 08332

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