1858 Burlington-Mount Holly Rd, Westampton, NJ 08060
Price
$1,396,883
Cap Rate
6.00%
NOI
$83,813
Rental Increases
8% Increase Every 5 Years, Including Options
Term Remaining
14 Years
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.
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