Bridgeton Archives | Sands Investment Group

Sands Investment Group is Pleased to Present For Sale the Rite Aid NNN Asset Located in Bridgeton, New Jersey. This Deal Includes Approximately 7 Years Remaining on Base Term of the Triple Net (NNN) Lease Structure With Minimal Landlord Responsibilities, Providing a Best in Class Investment.

BEST IN CLASS INVESTMENT FEATURING STRONG YIELD
~7 Years Remaining on Base Term of the Lease
NNN Lease Structure With Minimal Landlord Responsibilities
Rare 10% Rental Increases at Each Option Period Provides Hedge Against Inflation
Low Rent/Healthy Store Sales (Contact Broker For Additional Information)
DAILY NEEDS & NECESSITY BASED TENANT
Rite Aid Has Been One of the Top Tenants and Primary Appeal to the Immediate Trade Area
Rite Aid is the Largest Drug Store Chain on the East Coast and the Third Largest Drugstore Chain in the Country
Drug Stores Provide a “Daily Needs” For Consumers Making the Property Pandemic and Recession Resistant
DOMINANT LOCATION WITH BUILT IN CUSTOMER BASE
Located in Carll’s Corner Shopping Center, With High Foot Traffic Making it a Destination Location Providing a Built-in Customer Base
Strong Traffic Counts – Over 24,000 Vehicles Per Day on the Bust Intersection of Cornwell Drive and N Pearl Street
Affluent Trade Area – Average Household Income Over $65,000 Within a 3-Mile Radius
Dense Population Base – Over 40,000 People Within 5-Miles
Nearby Retailers and Businesses Include – Walgreens, McDonald’s, WaWa’s, Pizza Hut, Burger King, DaVita, Fresenius, T-Mobile, Aldi, Dunkin’s, Wendy’s and More