633 New Brunswick Ave
Perth Amboy, NJ 08861
McDonalds · Retail Property For Sale

CBRE IS PLEASED TO EXCLUSIVELY PRESENT FOR SALE this McDonald's property located on New Brunswick Ave in Perth Amboy, New Jersey. McDonald’s has been continuously operating in this location since 1961, with a 58 year track record of success. McDonald's recently committed to a 20 year lease extension commencing 4/1/2021 coupled with a ground-up redevelopment of the store into McDonald’s newest prototype, showing a strong commitment to this location. This long-term ground lease structure is totally passive for the landlord and offers no responsibilities and no exposure to expenses. The lease is corporately guaranteed McDonald's, an investment grade credit tenant, rated BBB+ by Standard & Poor's and one of the most well-known brands in the world. This 3,062 square foot McDonald's sits on 0.69 acres on New Brunswick Ave with excellent visibility. It is located just off of New Jersey’s Garden State Parkway (I-9) and state highway 440 with combined traffic counts over 231,000 VPD and less than 1.5 miles from the New Jersey Turnpike (I-95). This is also a very walkable location across from Washington Park, the Perth Amboy Skateboard Park and surrounded by numerous residential neighborhoods and the Hackensack Meridian Health Raritan Bay Medical Center. Perth Amboy is a densely populated and growing market with 31,604 people within 1 mile, 123,833 people within 3 miles and 301,146 people within 5 miles. This site is located within the highly sought after New York MSA, as Perth Amboy is connected to the Staten Island borough of New York City via the Outerbridge Crossing Bridge less than 2 miles away.