136 Harding Ave. Bellmawr, NJ 8031
Five-unit Curaleaf portfolio in Florida, New Jersey, and Massachusetts.
Type:Industrial
Property size:
42,119 SFPrice / SF:
$370/SF- Added:
- Jun 12, 2023
- Days on Market:
- 1054
- Last Refresh:
- Mar 17 at 1:24 pm
Property Features for 136 Harding Ave.
General Information
- Standard status
- Active
- Size
- 42,119 SF
- Property subtype
- Industrial
Listing agent Alexander Machado License #SL3507121
Listing office Matthews
Listing date Jun 12, 2023
Source Crexi
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 Matthews
Overview
Bellmawr Industrial and Retail Portfolio
This property is part of a five-unit portfolio comprising four retail locations and one industrial facility across Florida, New Jersey, and Massachusetts. The properties can be purchased as a portfolio or individually. Each of the five properties' coterminous master leases are tied together through a common thread-defined term provision whereby any option for renewal term on one asset may only be exercised if the option for renewal on the rest of the portfolio is also exercised simultaneously. The leases are absolute NNN, meaning there are zero landlord responsibilities, making it a great investment opportunity for a passive investor. The properties benefit from a corporate guarantee. Curaleaf is a large operator in the country, operating over 150 dispensaries and 28 cultivation sites across 19 states. The leases include 3.00% annual rental increases, providing investors with a hedge against inflation. The property contains 42,119 square feet.
Location Intelligence
Current Use by Public Records
Industrial properties
Location Insight
- Map
- Local Demand
- City
- Bellmawr
- County
- Camden
- State
- New Jersey
- Longitude
- -75.1021341
- Latitude
- 39.8640667
Nearby Similar for Sale
FAQs
What type of property is this?
Industrial property - Five-unit Curaleaf portfolio in Florida, New Jersey, and Massachusetts.
Where is this industrial property located?
The property is located at 136 Harding Ave. Bellmawr, NJ.
What is the asking price?
The asking price for this property is $15,605,648.
What are key features of this property?
This property features: Absolute NNN lease: zero landlord responsibilities, ideal for passive investors.; Corporate guarantee from Curaleaf, a major national operator.; Attractive 3.00% annual rental increases offer a hedge against inflation.
