4000 New Jersey Avenue

Share this listing

Pre-formatted captions, a short link, and a QR code — ready to paste.

Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…

4000 New Jersey Avenue

Wildwood, NJ 08260
Asking Price
$2.32M
Cap Rate
6.6%
Asset Type
Convenience Store Retail
Class
Class B

What's Special

Retail | 6.60% CAP | 7,646 SqFt <p></p><ul><li>​7 Years Remaining on a 15-Year Absolute NNN Lease | Corporate Guaranteed Lease<ul><li>​Dollar General has 7 years remaining on their Absolute NNN Lease and has three (3) 5-year extension options</li><li>​The lease is corporate signed from Dollar General, a Fortune 500 Tenant with Strong Growth and Industry Recognition (NYSE: DG, BBB (S&P), Baa3 (Moody's), $32.2B Market Cap)</li><li>​The lease includes 10% rent increases at each option</li></ul></li></ul><p></p><ul><li>​Absolute N

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.

NOI
$80,000
Cap Rate
3.44%
DSCR
0.58
Underwater
Cash-on-Cash
-8.31%
Monthly Payment
$11,492.937
Annual Cash Flow
$-57,915.238

Location & Travel Times