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NNN Ground-Leased Convenience Store
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2 S White Horse Pike, Berlin, NJ 08009

Royal Farms site under construction on a 2+ acre parcel with a new 20-year NNN ground lease structure.

Property SizeContact for details
Days on Market133

Property Features for 2 S White Horse Pike

General Information

Standard status Active
Property subtype Retail

Additional Details

Traffic Count 43,000 vehicles/day
Listing Agency: CBRE - Philadelphia Suburban
Listed By: Matthew Gorman · License #PA RS287470
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 9:01PM

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 CBRE - Philadelphia Suburban

Investment Insights

Based on property information with market context.

This Royal Farms property is currently under construction and will be delivered under a new 20-year NNN ground lease with zero landlord responsibilities once open. The lease includes base-term rent increases of 10% every 10 years, and the same 10% rental increases apply in the option periods. Royal Farms has three, 10-year options to extend the lease, and the lease is corporately guaranteed by Royal Farms.

The site is located at the signalized intersection of S White Horse Pike (Rt 30) and Berlin-Cross Keys Road (County Rd 689). The property is described as having high visibility and easy access, serving a reported 43,000+ vehicles passing the site daily.

The offering is positioned on a 2+ acre parcel and is presented as versatile for future use, if needed. Nearby national retailers listed include Walmart, Chick-fil-a, McDonald’s, CVS, Home Depot, Shop Rite, AutoZone, Advance Auto Parts, USPS, and Meineke. The remarks also cite dense demographics and average household income exceeding $95,000 within 1 mile and $104,000 within 3 miles.

Key Highlights

  • Under construction Royal Farms site on S White Horse Pike (Rt 30) in Berlin, NJ
  • New 20‑year NNN ground lease with zero landlord responsibilities once open
  • 10% rental increases every 10 years during the base term and option periods

Property Analytics

Current Use

Gas stations

Suggested Use

Top Pick Real Estate Agency Law Firm Hotel & Motel Cafe & Coffee Shop Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

43,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

770
Businesses Nearby
33k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 71% Dining 29%
Royal Farms Shops & Services
12,934 visits/mo 0.1 miles
Pancheros Mexican Grill Dining
6,752 visits/mo 0.4 miles
Advance Auto Parts Shops & Services
3,029 visits/mo 0.2 miles
AutoZone Shops & Services
3,025 visits/mo 0.3 miles
Krispy Krunchy Chicken Dining
1,830 visits/mo 0.2 miles

Demographics for 08009, NJ

13,885
Population
5,764
Households
2.4
Avg Household Size
43
Median Age
31%
College-Educated
94%
High-School Grad
16.5 sq mi
ZIP Area
842
Density / Sq Mi
$101,964
Median Household Income
$52,767
Median Earnings
$1,392
Median Rent
$291,500
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Gas station - Royal Farms site under construction on a 2+ acre parcel with a new 20-year NNN ground lease structure.
Where is this gas station located?
The property is located at 2 S White Horse Pike Berlin, NJ.
What are key features of this property?
This property features: Under construction Royal Farms site on S White Horse Pike (Rt 30) in Berlin, NJ; New 20‑year NNN ground lease with zero landlord responsibilities once open; 10% rental increases every 10 years during the base term and option periods
(484) 567-2340 Call to check price and availability
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