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Walgreens 25 E Broad St

12,558 SF Retail Building Bridgeton, NJ 08302 $5,833,333 ($465/SF) 6% Cap Rate

Drug Stores New Jersey Bridgeton 25 E Broad St, Bridgeton, NJ 08302

Investment Highlights

  • Walgreens Absolute Net
  • Double Drive-Thru Location
  • Prime location with high visibility

Executive Summary

This prime property, located in Bridgeton, New Jersey, boasts a long-term lease with Walgreens, offering 9+ years remaining with 10(5) year options. Situated in a highly visible location, it features a double drive-thru setup for added convenience. This is an excellent investment opportunity. The seller is motivated and open to considering all offers.

Attachments

Walgreens - Bridgeton, NJ - OM vf

Property Facts

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Drug Store
Building Size
12,558 SF
Building Class
C
Year Built
1976
Price
$5,833,333
Price Per SF
$465
Cap Rate
6%
NOI
$350,000
Tenancy
Single
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.28
Lot Size
1.03 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Parking
75 Spaces (9.53 Spaces per 1,000 SF Leased)
Frontage
199 FT on E Broad St

Amenities

  • Corner Lot
  • Pylon Sign
  • Signage
  • Drive Thru
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Walk Score ®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

TD Bank
Rent-A-Center
Oceanfirst Bank
Foodtown
Order Express, Inc.

PROPERTY TAXES

Parcel Number 01-00118-0000-00002 Improvements Assessment $3,409,300
Land Assessment $90,700 Total Assessment $3,436,000

PROPERTY TAXES

Parcel Number
01-00118-0000-00002
Land Assessment
$90,700
Improvements Assessment
$3,409,300
Total Assessment
$3,436,000
(949) 942-1301

Contacts

  • Listing ID: 30425457

  • Date on Market: 12/22/2023

  • Last Updated:

  • Address: 25 E Broad St, Bridgeton, NJ 08302

More public record information on 25 E Broad St, Bridgeton, NJ 08302

The Retail Property at 25 E Broad St, Bridgeton, NJ 08302 is currently available for sale. Contact Graystone Capital Advisors for more information.

Nearby Listings

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25 E Broad St, Bridgeton, NJ for sale Building Photo- Image 1 of 11
Primary Photo
25 E Broad St, Bridgeton, NJ for sale Building Photo- Image 2 of 11
Front
25 E Broad St, Bridgeton, NJ for sale Building Photo- Image 3 of 11
parking lot
25 E Broad St, Bridgeton, NJ for sale Building Photo- Image 4 of 11
side front
25 E Broad St, Bridgeton, NJ for sale Building Photo- Image 5 of 11
signage
25 E Broad St, Bridgeton, NJ for sale Building Photo- Image 6 of 11
Sidewalk parking lot view
25 E Broad St, Bridgeton, NJ for sale Building Photo- Image 7 of 11
side
25 E Broad St, Bridgeton, NJ for sale Building Photo- Image 8 of 11
back of building 1
25 E Broad St, Bridgeton, NJ for sale Building Photo- Image 9 of 11
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25 E Broad St, Bridgeton, NJ for sale Plat Map- Image 10 of 11
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Walgreens | 25 E Broad St
(949) 942-1301 x

Walgreens | 25 E Broad St

1/2

Brenton Baskin

(949) 942-1301

(949) 942-1301

Lawrence Gariano

(609) 220-3583

(609) 220-3583

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