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QuickChek Burlington Mt Holly Rd & Irick rd 5,670 SF Retail Building Westampton, NJ 08060 $9,320,046 CAD ($1,643.75 CAD/SF) 5.50% Cap Rate
Investment Highlights
- New Construction
- Zero Management Responsibilities
- Prime Retail Location
- Attractive Rent Increases
- Dynamic Tenant
- Area Drivers
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to acquire the new construction single tenant QuickChek Ground Lease located at Burlington- Mount Holly Road and Irick Road in Westampton, NJ (the “Property”). The new construction building is set to be completed in 2026; QuickChek has signed a 20-Year Absolute NNN Ground Lease that is followed by four (4), 5-year renewal options. The lease calls for attractive 10% rent increases every five years throughout the primary lease term and at the start of each option period. The Property is situated along Burlington-Mount Holly Road (CR 541), the area’s primary commercial and commuter corridor, and is directly adjacent to The Gateway, an upcoming commercial development positioned at the intersection of Burlington-Mount Holly Road and Irick Road. The Property will feature multiple access points and will benefit from outstanding frontage and visibility as well as close proximity to Interstate 295 and the NJ Turnpike. The Property is less than a mile from The Crossings, a large industrial development anchored by Amazon that will feature three industrial/warehouse buildings and will contain approximately 1.9 million square feet and is across the street from Towne Crossing Shopping Center, a 400,000+ square foot regional center anchored by Home Depot, Target, Kohl’s, and Dick’s Sporting Goods. Additionally, the Property is seconds from an under construction 500-unit apartment community. Westampton is a suburb of Philadelphia, approximately 20 miles northeast of the city.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,670 SF
Building Class
C
Year Built
2026
Price
$9,320,046 CAD
Price Per SF
$1,643.75 CAD
Cap Rate
5.50%
NOI
$512,603 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
2.75 AC
Zoning
R-5
Amenities
- Dedicated Turn Lane
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- QuickChek
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| QuickChek | - | - | - | - |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 37-00807-0000-00001 | Improvements Assessment | $9,712 CAD |
| Land Assessment | $116,266 CAD | Total Assessment | $125,978 CAD |
Property Taxes
Parcel Number
37-00807-0000-00001
Land Assessment
$116,266 CAD
Improvements Assessment
$9,712 CAD
Total Assessment
$125,978 CAD
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QuickChek | Burlington Mt Holly Rd & Irick rd
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