Home / Properties /

Dickey’s Barbecue Pit

Dickey’s Barbecue Pit

1858 Burlington-Mount Holly Rd, Westampton, NJ 08060

Images
Map
Previous
Front Facade
Site Aerial
Market Aerial
Next

PROPERTY DETAILS

Price

$1,396,883

Cap Rate

6.00%

NOI

$83,813

Rental Increases

8% Increase Every 5 Years, Including Options

Term Remaining

14 Years

Property Overview

Equity Retail Brokers is please to exclusively offer for sale a single-tenant net lease Dickey’s Barbecue Pit in Westampton, NJ (Philadelphia MSA). Dickey’s Barbecue Pit is one of the largest barbecue restaurant chains in the United States with over 550 locations.
Dickey’s Barbecue Pit recently signed a new lease with 15 years of primary lease term, with options to extend and there are no landlord responsibilities during the duration of the lease. The property is positioned directly along Burlington-Mount Holly Road, which has 23,396 VPD passing the site. Surrounding retailers include Dunkin’ Donuts, McDonald’s, Popeyes, Taco Bell, Burger King, WSFS Bank, CVS Pharmacy, Acme Markets, and many more.

Investment Highlights

  • No landlord responsibilities – absolute NNN lease
  • 14+ years remaining on the primary lease
  • Corporately-backed lease
  • 8% rental increases every 5 years, including options
  • Building was updated/renovated in 2023 as part of Dickey’s Barbecue Pit fit-out
  • Located on a main thoroughfare with 23,396 VPD passing the site

"*" indicates required fields

This field is for validation purposes and should be left unchanged.