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Shopping Neighborhood

Starbucks & AT&T

1215 Hurffville Rd, Deptford, NJ 08096

Listing Price: $6,500,000

Cap Rate
4.85%
Gross SF
6,550
Rentable SF
6,550
Price/Gross SF
$992.37
Lot Size
2.10 acres
Year Built
2018

Investment Overview

• Starbucks Opportunity: Phenomenal Credit (BBB+ Per S&P) l 32,500 locations across 76 Countries l Top 65% within 15 mile radius with 133K Annual Visitors (Per Placer.AI) l Plans to Open 2K Stores in 2022 • AT&T Opportunity: Stable Credit Rating(BBB per S&P) l 5,300 locations across 50 countries with 230K Employees l $171.8 Billion Dollar Company (2020 Fiscal Year) | Publicly Traded on NYSE

Investment Highlights

  • • Newer Construction Opportunity (2018) with Minimal Landlord Responsibilities
  • Phenomenal Investment Grade Credit (BBB+ & BBB) l Ample Lease Term Remaining(7 Years & 9.5 Years) l Rent Increases in Base Term (10% Every 5 Years)
  • Strong Real Estate Fundamentals l Prominently Sits on 1.95 acres l Located on an Explosive Retail Corridor Across the Street from Target and BJ's (28K VPD) right off Route 42

Exclusively Listed By

Shopping Neighborhood

Starbucks & AT&T

Listing Price: $6,500,000

Cap Rate
4.85%
Gross SF
6,550
Rentable SF
6,550
Price/Gross SF
$992.37
Lot Size
2.10 acres
Year Built
2018

Investment Highlights

  • • Newer Construction Opportunity (2018) with Minimal Landlord Responsibilities
  • Phenomenal Investment Grade Credit (BBB+ & BBB) l Ample Lease Term Remaining(7 Years & 9.5 Years) l Rent Increases in Base Term (10% Every 5 Years)
  • Strong Real Estate Fundamentals l Prominently Sits on 1.95 acres l Located on an Explosive Retail Corridor Across the Street from Target and BJ's (28K VPD) right off Route 42

Investment Overview

• Starbucks Opportunity: Phenomenal Credit (BBB+ Per S&P) l 32,500 locations across 76 Countries l Top 65% within 15 mile radius with 133K Annual Visitors (Per Placer.AI) l Plans to Open 2K Stores in 2022 • AT&T Opportunity: Stable Credit Rating(BBB per S&P) l 5,300 locations across 50 countries with 230K Employees l $171.8 Billion Dollar Company (2020 Fiscal Year) | Publicly Traded on NYSE

Exclusively Listed By

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