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1 N Virginia Ave
Penns Grove, NJ 08069
McDonald's · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • This newly constructed McDonald’s, which opened in May 2025, is secured by a brand-new 20-year corporate-guaranteed ground lease
  • McDonald’s benefits from the strong demographics surrounding this location, with 81,143 people within 5-mile of the site.
  • McDonald’s is the world’s largest fast-food chain, operating over 41,000 locations worldwide and generating more than $23.2 billion in annual reven

EXECUTIVE SUMMARY

Equity CRE is pleased to offer for sale a newly constructed McDonald’s in Penns Grove, NJ, which opened in May 2025. The property is secured by a 20-year corporate-guaranteed NNN ground lease, providing long-term stability and peace of mind for investors. Backed by McDonald’s USA, LLC—rated "BBB+" by S&P—the asset offers a secure investment opportunity supported by one of the world’s most recognizable and financially sound brands.
Ideally situated on North Virginia Avenue, the property enjoys excellent visibility and ease of access, with two points of ingress and egress. It is located directly adjacent to a newly built Wawa, which opened in August 2024, driving strong traffic to the area and further enhancing the site’s overall appeal.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,838 SF
Building Class
B
Year Built
2025
Price
$2,490,957 CAD
Price Per SF
$649.02 CAD
Cap Rate
4.15%
NOI
$103,375 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.72 AC
Zoning
H-C/I - Highway Commercial / Industrial
Frontage
7’ on Virginia Ave

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-00035-0000-00017
Land Assessment
$1,046,992 CAD
Improvements Assessment
$761,700 CAD
Total Assessment
$1,808,692 CAD
  • Listing ID: 33994550

  • Date on Market: 2024-11-25

  • Last Updated:

  • Address: 1 N Virginia Ave, Penns Grove, NJ 08069

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