25 Broad St Bridgeton, NJ 08302-2503

This exceptional investment opportunity features a Walgreens pharmacy located at 25 E Broad St, Bridgeton, NJ 08302. The property boasts a substantial 12,558 square foot building situated on a sizable 103-acre lot. Built in 1976 and zoned for commercial use, this property benefits from a long-term, absolute NNN lease with Walgreens, providing significant passive income potential. The current lease commenced on April 1st, 2008, and has a remaining term of approximately 58.9 years, expiring September 30th, 2083. The property's strong financial performance is reflected in its current Net Operating Income (NOI) of $350,000, yielding an attractive 6.00% cap rate. The asking price is $5,833,333, translating to a land value of $484.95 per square foot. This is a rare opportunity to acquire a highly stable, long-term investment with a nationally recognized tenant in a desirable location within Cumberland County, New Jersey. The property's substantial remaining lease term and consistent cash flow make it an ideal addition to any diversified real estate portfolio. The property's location and size offer significant long-term value and potential for future appreciation. This is a turnkey investment requiring minimal management.