Grocery Store
Redner's
2500 S Dupont Hwy, Camden, DE 19934
Listing Price: $7,220,438
Tenant Name
Redner's
Years Remaining On Lease
8.5
Guarantor
Corporate Guarantee
Rentable SF
49,403
Lease Type
Double Net
Investment Overview
Based in Reading, PA | Founded in 1970. Privately held company | 44 Warehouse markets and 20 quick shoppes (PA, MD, DE). 100% Employee owned and no public stock offerings are available unless employed by Redner’s
Investment Highlights
- Large 4.95 Acre Parcel consisting of a 49,403 SF Redner's Market and a Gas Station with 6 gas pumps
- Sales - Averaged over $25M the last 3 Years (Excluding Pharmacy & Gas Station Sales)
- Percentage Rent – "In Play" (1% over $25M – hit in 2022 & 2023)
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $7,220,438
Tenant Name
Redner's
Years Remaining On Lease
8.5
Guarantor
Corporate Guarantee
Rentable SF
49,403
Lease Type
Double Net
Investment Highlights
- Large 4.95 Acre Parcel consisting of a 49,403 SF Redner's Market and a Gas Station with 6 gas pumps
- Sales - Averaged over $25M the last 3 Years (Excluding Pharmacy & Gas Station Sales)
- Percentage Rent – "In Play" (1% over $25M – hit in 2022 & 2023)
Investment Overview
Based in Reading, PA | Founded in 1970. Privately held company | 44 Warehouse markets and 20 quick shoppes (PA, MD, DE). 100% Employee owned and no public stock offerings are available unless employed by Redner’s