25 Ft Dix Rd Pemberton, NJ 08068-1439
- Commercial real estate
- 8,320 SF
- 3.26 lot acres
May 19, 2025
Current Use by Public Records
- Family Dollar / Discount Store
Property Details for 25 Ft Dix Rd
- Year built
- 2014
- Lot size
- 3.26 lot acres
- Property size
- 8,320 SF
- Property type
- Commercial real estate
- APN
- 29 00799-0000-00002- 02
- APU
- 290079900000000202
Description
This Pemberton, NJ, Family Dollar offers a compelling net lease investment opportunity. The property boasts 8,320 square feet on a 3.39-acre lot, featuring a 100% occupied, single-tenant building. The absolute NNN lease with Family Dollar (a Fortune 500 company with a BBB credit rating) provides zero landlord responsibilities and has a remaining term of approximately 5.6 years. Built in 2014, the property benefits from a 10% rent increase every five years, extending through six, five-year renewal options. The asking price is $1,917,000, representing a 7.50% cap rate and a price per square foot of $230.41. The lease commenced April 1, 2015, and expires June 30, 2030. The property is located at 25 Fort Dix Rd, Pemberton, NJ 08068, and is situated near a major military base, contributing to strong demographics with an average household income exceeding $111,000 within a five-mile radius. This fee-simple ownership provides a stable, long-term investment with significant upside potential. The property is classified as a convenience store, grocery store, and QSR/fast food establishment.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,175,000
- 6.5%
- $1,085,000
- 7%
- $1,010,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,500,000
- AI Estimate
- $1,161,000
Market price range: $649k - $2.04MMarket price range: $489k - $1.45M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,245,000 Current use
- OFFICE BUILDING
- $1,545,000 Change: +24% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $1,090,000 Change: -13% Conversion: Moderate
- INDUSTRIAL (GENERAL)
- $1,060,000 Change: -15% Conversion: Moderate
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Pemberton
- County
- Burlington
- State
- New Jersey
- Longitude
- -74.6804
- Latitude
- 39.98
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA