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Dollar Tree Store with Double Net Lease

315 East Main Street, Wrightstown, NJ 08562

For Sale
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A freestanding, single-tenant property carries a corporate lease with scheduled rent increases and two additional five-year options.

Property Size11,585 SF
Lot Size0.92 Acres
Price / SF$118.69
Days on Market46

Property Features for 315 East Main Street

General Information

Standard status Active
Size 11,585 SF
Lot size 0.92 Acres
Property subtype Retail

Financials

Asking Price $1,375,000
Cap Rate 7.27%

Additional Details

Traffic Count 15,000 vehicles/day
Tenant in Place Yes

Building Details

Tenancy Single
Listed By: Cole Malinowski · License #2331268
Source: Crexi
Added: Sep 25 Changed: Nov 8 Last Checked: Nov 8 at 4:25PM

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 Cole Malinowski

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Investment Insights

Based on property information with market context.

Dollar Tree occupies a freestanding 11,585-square-foot building on approximately 0.92 acres. The corporate Double Net lease runs through May 31, 2032, with a scheduled rent increase on June 1, 2027, followed by two five-year renewal options with fixed increases. The tenant covers all real estate taxes and the landlord’s property insurance and manages day-to-day store and site operations; the lease has no CAM or management fees.

The property fronts East Main Street, with approximately 200 feet of frontage and reported traffic of about 15,000 vehicles per day. It borders Joint Base McGuire-Dix-Lakehurst. The New Jersey Turnpike at Exit 7 is roughly 10 miles away; Trenton is 15 miles away and Philadelphia is 30 miles away.

Key Highlights

  • Single‑tenant Dollar Tree property with a 7.27% cap rate on in‑place rent
  • 11,585 SF freestanding building on ±0.92 acres
  • Corporate Double Net lease through May 31, 2032, with two additional five‑year options

Property Analytics

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Open Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Kitchen & Bath Showroom Barber Shop HVAC Service Home Appliance 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

15,000 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

273
Businesses Nearby
66k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 64% Shops & Services 35% Hotels & Casinos 1%
McDonald's Dining
14,733 visits/mo 0.2 miles
Taco Bell Dining
11,003 visits/mo 0.4 miles
Wendy's Dining
10,305 visits/mo 0.4 miles
Dollar Tree Shops & Services
9,935 visits/mo 0.1 miles
Dollar General Shops & Services
6,911 visits/mo 0.2 miles

Demographics for 08562, NJ

5,025
Population
1,768
Households
2.8
Avg Household Size
42
Median Age
30%
College-Educated
89%
High-School Grad
16.7 sq mi
ZIP Area
301
Density / Sq Mi
$89,766
Median Household Income
$45,065
Median Earnings
$1,048
Median Rent
$271,200
Median Home Value
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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

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - A freestanding, single-tenant property carries a corporate lease with scheduled rent increases and two additional five-year options.
Where is this grocery and convenience store located?
The property is located at 315 East Main Street Wrightstown, NJ.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: Single‑tenant Dollar Tree property with a 7.27% cap rate on in‑place rent; 11,585 SF freestanding building on ±0.92 acres; Corporate Double Net lease through May 31, 2032, with two additional five‑year options
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