7-Eleven | Corp Abs NNN Ground Lse 3701 State Hwy 33 1,500 SF Retail Building Neptune, NJ 07753 $2,053,500 ($1,369/SF) 5.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute NNN Ground Lease | Corporate Guaranty
- Dense Retail Corridor | Outparcel To Dollar Tree Anchored Center | Short Drive from Jersey Shore Premium Outlets
- Signalized Hard Corner Intersection | Garden State Parkway (155,300 VPD) | Monument Sign
- Strong Demographics In 5-Mile Trade Area
EXECUTIVE SUMMARY
• The lease is backed by a corporate guaranty from 7-Eleven, Inc., a nationally recognized and creditworthy brand, ensuring long-term income stability
• Prime location at the signalized intersection of NJ-33 (31,000 VPD) and Old Corlies Avenue, offering excellent visibility and frontage from both roadways
• Just off the Garden State Parkway (155,300 VPD), one of New Jersey’s primary north-south corridors, driving consistent traffic to the site
• Positioned as an outparcel to a Dollar Tree anchored shopping center, with nearby co-tenants including Dunkin’
• The surrounding trade area is supported by over 123,000 residents and 62,000 employees, driving consistent daytime and evening demand
• The median household income exceeds $102,000, reflecting strong local spending power and retail demand fundamentals
PROPERTY FACTS
AMENITIES
- Corner Lot
- Signage
- Signalized Intersection
- Monument Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
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- Retailer
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99,999 SF
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Jan 0000
In 1927, 7-Eleven showed the world just how convenient shopping could be – and they’ve been doing it every day since. Today, 7-Eleven is a global brand with more stores than any other retailer in the world. 7-Eleven, Inc. now operates a robust family of banners and brands, including Speedway®, Stripes®, Laredo Taco Company® and Raise the Roost® Chicken and Biscuits locations throughout the U.S. The brand also has a history of firsts — coffee in to-go cups, 24/7 hours and self-serve soda fountains, to name a few. Not to mention iconic products – like Slurpee® and Big Gulp® drinks – that have become a part of American culture. As the world’s largest convenience retailer, 7-Eleven also helped pioneer the Franchise model and is now consistently ranked as a top-10 Franchisor – a true testament to their entrepreneurial spirit. Although they’ve grown significantly over the years, they remain focused on innovating to meet customers' needs.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
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Retailer | 99,999 SF | - | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 35-04105-0000-00002 | Improvements Assessment | $279,900 |
| Land Assessment | $285,600 | Total Assessment | $565,500 |
