1 N Virgina Ave, Penns Grove, NJ 08069
Asking Price:
$1,875,000
Cap Rate:
4.00%
NOI:
$75,000
Equity Retail Brokers is proud to offer for sale a newly constructed McDonald’s in Penns Grove, NJ, scheduled to open in Spring 2025. The property will be secured by a 20-year corporate-guaranteed NNN ground lease, set to commence upon the completion of construction. With an S&P credit rating of “BBB+,” McDonald’s provides investors with a stable and secure investment opportunity, backed by its global reputation and financial strength.
Strategically located on North Virginia Avenue, this property benefits from exceptional visibility and accessibility, with two convenient points of ingress and egress. It is positioned adjacent to a newly constructed Wawa, which opened in August 2024, further enhancing the site’s traffic and appeal.
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