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Investment Highlights

  • Brand New Construction, Dual Drive-Thru 7 Brew Coffee Property in New Jersey
  • Absolute NNN Ground Lease: ultimate ease of management for investor
  • ShopRite: subject property has access to Brand-New, state-of-the-art, 85K square foot Shoprite relocation store (just opened in Dec 2025)
  • 15 Year Lease Term with 10% Rental Increases every 5 years
  • 7th Largest MSA in United States / Affluent East Coast Market
  • Cherrywood Plaza: 1.9 million visits in the last 12 months (Placer.ai) with tenant mix including ShopRite, Planet Fitness, USPS, Great Clips

Property Facts

Sale Type
Investment NNN
Sale Conditions
Sale Leaseback
Property Type
Retail
Property Subtype
Restaurant
Building Size
510 SF
Building Class
B
Year Built
2025
Price
$3,517,882 CAD
Price Per SF
$6,897.81 CAD
Cap Rate
6.05%
NOI
$212,832 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.01
Lot Size
0.85 AC
Frontage
311’ on Blackwood-Clementon Road
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Fulton Bank
PNC Bank
TD Bank
Saladworks
Planet Fitness
Starbucks
ShopRite

Property Taxes

Property Taxes

Parcel Number
15-13302-0000-00003
Land Assessment
$434,007 CAD
Improvements Assessment
$107,392 CAD
Total Assessment
$541,399 CAD
  • Listing ID: 40134502

  • Date on Market: 2026-04-13

  • Last Updated:

  • Address: 1390 Blackwood Clementon Rd, Clementon, NJ 08021

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