3576 NW Blvd, Vineland, NJ
New Dollar General with corporate guarantee and zero landlord responsibilities.
- Added:
- Mar 18, 2025
- Days on Market:
- 472
- Last Refresh:
- May 20 at 9:00 pm
Property Features for 3576 NW Blvd
General Information
- Standard status
- Active
- Size
- 9,100 SF
- Lot size
- 2.54 Acres
- Property subtype
- RETAIL
Listing office Wertz Real Estate Investment Services (760) 453-7866
Listing date Mar 18, 2025
Source Moodyscre
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 Wertz Real Estate Investment Services
HighLights
- 15‑year absolute NNN lease with 5% rent increases every 5 years.
- Dollar General (NYSE: DG) corporate guarantee (S&P rated BBB).
- High‑quality 2022 brick construction (all 4 sides).
- Excellent visibility and frontage on high‑traffic corner (12,500+ vehicles per day).
- Strong demographics: 5‑mile population over 56,000 with $88,000+ average household income.
- Strategic location: proximity to Philadelphia, Atlantic City, Wilmington.
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $177.5k | $19.50 |
| − Vacancy | −$7.5k | −$0.82 |
| EGI | $170.0k | $18.68 |
| − OpEx | −$42.5k | −$4.67 |
| NOI | $127.5k | $14.01 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Jenny's Supermarket — 421 S Delsea Dr, Vineland, NJ 08360
- Lidl — 1107 W Landis Ave, Vineland, NJ 08360
- International Food Market — 3 W Chestnut Ave, Vineland, NJ 08360
- Compare Foods Supermarket of Vineland NJ — 48 W Landis Ave, Vineland, NJ 08360
Map
- City
- Vineland
- County
- Cumberland
- State
- New Jersey
- Longitude
- -75.0378
- Latitude
- 39.4788