Fee Simple Absolute NNN
For Sale
Contact for pricing
1 South Main Street, Woodstown, NJ 08098
Fee simple bank asset offered with an absolute NNN lease and defined rent escalations plus renewal options.
Property Size13,992 SF
Price / SF$408.16
Days on Market69
Property Features for 1 South Main Street
General Information
Standard status
Active
Size
13,992 SF
Property subtype
Retail
Lease Type
Absolute NNN
Investment Type
Net Lease
Net Operating Income
$382,636
Building Details
Year Built
1923
Tenancy
Single
Listing Agency:
JLL Chicago | Americas Headquarters
Listed By:
Alex Sharrin · License #IL 475.170243
Source:
Crexi
Added: Jun 3
Changed: Aug 8
Last Checked: Jul 15 at 8:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL Chicago | Americas Headquarters
Investment Insights
Based on property information with market context.
The offering is a fee simple interest in a Fulton Bank property operating under an absolute NNN lease structure. The lease term is 15 years, with approximately 13.0 years of primary term remaining. Contracted rent includes 2.25% annual escalations, and the lease provides for three, five-year renewal options.
The asset is located at 1 South Main Street in Woodstown, New Jersey. Fulton Bank is currently in place as the operating tenant under the existing lease arrangement.
From a tenant and buyer fit perspective, the property is structured to transfer most operating responsibility through the absolute NNN framework, with zero landlord responsibilities noted in the offering materials. For prospective owners seeking a stabilized, single-tenant bank asset with remaining primary lease term, scheduled annual increases, and multiple renewal options, this can provide a straightforward lease-backed ownership profile. The opportunity is being presented by Jones Lang LaSalle Americas, Inc. (JLL), with NJ Broker of Record Jose Cruz (NJ License #8743725).
The asset is located at 1 South Main Street in Woodstown, New Jersey. Fulton Bank is currently in place as the operating tenant under the existing lease arrangement.
From a tenant and buyer fit perspective, the property is structured to transfer most operating responsibility through the absolute NNN framework, with zero landlord responsibilities noted in the offering materials. For prospective owners seeking a stabilized, single-tenant bank asset with remaining primary lease term, scheduled annual increases, and multiple renewal options, this can provide a straightforward lease-backed ownership profile. The opportunity is being presented by Jones Lang LaSalle Americas, Inc. (JLL), with NJ Broker of Record Jose Cruz (NJ License #8743725).
Key Highlights
- Fee simple Fulton Bank at 1 S Main Street, Woodstown, New Jersey
- 15‑year absolute NNN lease in place with ~13.0 years of primary term remaining
- 2.25% annual rent escalations on the current lease
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
382
Businesses Nearby
29k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 37%
Beauty & Spa 9%
McDonald's
Dining
15,594 visits/mo
0.4 miles
Dollar General
Shops & Services
8,191 visits/mo
0.4 miles
Fulton Bank
Shops & Services
2,567 visits/mo
0.5 miles
Great Clips
Beauty & Spa
2,529 visits/mo
0.4 miles
Demographics for 08098, NJ
9,196
Population
3,589
Households
2.6
Avg Household Size
43
Median Age
40%
College-Educated
89%
High-School Grad
57.9 sq mi
ZIP Area
159
Density / Sq Mi
$119,000
Median Household Income
$55,575
Median Earnings
$1,239
Median Rent
$297,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Bank - Fee simple bank asset offered with an absolute NNN lease and defined rent escalations plus renewal options.
Where is this bank located?
The property is located at 1 South Main Street Woodstown, NJ.
What is the asking price?
The asking price for this property is $5,711,000.
What are key features of this property?
This property features: Fee simple Fulton Bank at 1 S Main Street, Woodstown, New Jersey; 15‑year absolute NNN lease in place with ~13.0 years of primary term remaining; 2.25% annual rent escalations on the current lease
