1025 Landis Ave Vineland, NJ 08360-3421
Property profile & analytics
1025 Landis Ave Vineland, NJ 08360-3421
- Commercial real estate
- 0.78 lot acres
Property ID
US59-0061789
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Chipotle Mexican Grill / Restaurant
Property Details for 1025 Landis Ave
- Year built
- 1967
- Construction
- BRICK
- Lot size
- 0.78 lot acres
- Zone code
- B-2
- Property type
- Commercial real estate
- APN
- 14 03503-0000-00009
- APU
- 1403503000000009
Description
This exceptional investment opportunity presents a fee-simple ownership of a brand-new, 2,325 square foot Chipotle restaurant located at 1025 W Landis Ave, Vineland, NJ 08360. Built in 2024, this property boasts a 15-year NNN lease with Chipotle Mexican Grill, Inc. (NYSE: CMG), providing a corporate guarantee and significant financial stability. The lease commenced May 31, 2024, and includes four 5-year renewal options, extending the potential lease term to 35 years. The property features a convenient drive-thru ("Chipotlane"), 30 parking spaces, and is situated on a 0.78-acre lot in a high-traffic area. The location benefits from high visibility on W. Landis Avenue (19,600 vehicles per day) and proximity to State Highway 47 (31,700 VPD), placing it within a thriving commercial corridor alongside other national fast-food chains. The property's strong location is further enhanced by its adjacency to a Walmart (top 82% of NJ locations via Placer.ai), ShopRite, and a new Lidl grocery store. The asking price is $3,431,000, representing a price per square foot of $1,475.70 and a 5.10% cap rate based on a Net Operating Income (NOI) of $175,000. The lease includes 10% rental increases every five years, providing built-in growth and inflation protection. The property is zoned for business use and has a Cumberland County APN of 14 03503-0000-00009. This is a rare opportunity to acquire a high-performing, long-term investment with a strong tenant and significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,965,000
- ML approach
- $2,990,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Vineland
- County
- Cumberland
- State
- New Jersey
- Longitude
- -75.0453
- Latitude
- 39.4865
- CBSA code
- 47220
- CBSA name
- VINELAND-MILLVILLE-BRIDGETON, NJ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$5,217
$93,700
$76,300
$170,000
-
$93,700
$76,300
$170,000
