NNN Ground-Leased Convenience
2 S White Horse Pike Berlin, NJ 08009
2 S White Horse Pike, Berlin, NJ, 08009
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For Sale
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Royal Farms site under construction on a 2+ acre parcel with a new 20-year NNN ground lease structure.
Days on Market103
Property Features for 2 S White Horse Pike
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing agency
CBRE - Philadelphia Suburban
(484) 567-2340
Listed by
Matthew Gorman · License #PA RS287470
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 9:01PM 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.
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
Location Intelligence
Current Use by Public Records
Gas stations
Similar For Sale Nearby
FAQs
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
