For Sale
$1,589,678

1406 High StMillville, NJ 08332

High-traffic Dollar General, Millville, NJ

Overview

Added:
Dec 11, 2024
Days on market:
124

Highlights

  • $1,589,678 asking price for a Net Lease retail property.
  • Fee simple ownership of an 8,640 square foot building on a 1.05-acre lot.
  • 100% occupancy with a credit-rated, corporate-guaranteed tenant (Dollar General, Dollar Tree, Family Dollar).
  • 7.75% cap rate with a current NOI of $123,200.
  • 10-year lease with four, 5-year options at 10% rent bumps; approximately 3 years remaining.
  • Strong location in Millville, NJ with high traffic counts (14,000 VPD) and a dense population (57,934 within 5 miles).

Property Details for 1406 High St

Property type
Retail properties, Grocery and convenience stores
Square Feet
8,640 SF
Year Built/Renovated
1994/2012
Buildings
1
Stories
1
Lot Size (sq. ft)
45,738 SF

Location Insight

City
Millville
County
Cumberland
State
New Jersey
Latitude
39.4122829
Longitude
-75.0405567
1406 High St, Millville, New Jersey
Leaflet | © OpenStreetMap contributors

FAQs

What type of property is this?
Retail property - High-traffic Dollar General, Millville, NJ
Where is the retail property located?
The property is located at 1406 High St Millville, NJ.
What is the asking price?
The asking price for this property is $1,589,678.
What are key features of this property?
This property features: $1,589,678 asking price for a Net Lease retail property.; Fee simple ownership of an 8,640 square foot building on a 1.05-acre lot.; 100% occupancy with a credit-rated, corporate-guaranteed tenant (Dollar General, Dollar Tree, Family Dollar).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1406 High St
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