125 S Broadway, Pennsville, NJ 08070
Fee-simple bank property on a long-term NNN lease with remaining primary term and rent escalations.
Property Features for 125 S Broadway
General Information
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Investment Insights
Based on property information with market context.
Fulton Bank is operating under a 15-year absolute NNN lease structure with approximately 13.0 years remaining in the primary term. The lease includes 2.25% annual rent escalations, along with three, five-year renewal options. The NNN structure is described as providing zero landlord responsibilities.
This property may be well suited for investors seeking a fee simple bank asset with a long remaining lease term and contractual rent growth. The absolute NNN framework, including the stated zero landlord responsibilities, is designed to shift operating obligations to the tenant under the lease terms, while the renewal options provide additional extensions beyond the primary period.
Key Highlights
- Fee‑simple Fulton Bank at 125 S Broadway in Pennsville, NJ (operating asset).
- Tenant operating under a 15‑year absolute NNN lease with about 13.0 years of primary term remaining.
- Lease includes 2.25% annual rent escalations.
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Trade Area within ½ mile
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Demographics for 08070, NJ
Market
Vacancy Rate% for Retail in Northeast region