618 Hessian Ave | National Park, NJ 08063
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618 Hessian Ave
National Park, NJ 08063
Dollar General | National Park, NJ · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 2019 construction featuring Dollar General's “metro” prototype, a slightly smaller footprint designed for an "In-town" easily walkable location
- National Park is a densely populated, affluent suburban Philadelphia location; 277,000 people within 5-miles and mid $80s avg. household incomes
- The base term of the lease has over 12 years remaining with three five-year options to renew and is corporately guaranteed by Dollar General
- Dollar General, a publicly traded company with over 16,000 stores nationally, is rated “BBB” by Standard & Poor’s
- The subject property is the only dollar store located north of I-295 and is the “go-to” store of nearby residents for grocery and drug store items
- Long-term NN lease with minimal landlord responsibilities or expenses makes this an ideal 1031 exchange target
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
7,545 SF
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Lot Size
0.46 AC
Zoning
B-1
Frontage
153’ on County Road 642
PROPERTY TAXES
| Parcel Number | 12-00049-0000-00015 | Improvements Assessment | $757,000 |
| Land Assessment | $180,000 | Total Assessment | $937,000 |
PROPERTY TAXES
Parcel Number
12-00049-0000-00015
Land Assessment
$180,000
Improvements Assessment
$757,000
Total Assessment
$937,000
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