• Dollar Tree recently extended their lease for the third time showing a strong commitment to this location.
• Leasehold ownership structure creates excellent after-tax returns due to the owner’s ability to depreciate the improvements 100%.
• Ideally situated in front of an established Home Depot and in close proximity to CVS, Stop & Shop, Advance Auto, Dunkin’ Donuts, IHOP, and 7-Eleven, to name a few
• The ground lease has over 71 years remaining on the base term with an annual rent of only $1.
• Highly desirable Northern NJ/NYC MSA real estate and demographics, less than 22 miles from Manhattan.
• Situated on Route 35 with traffic counts exceeding 45,047 vehicles per day and less than 1 mile from the Garden State Parkway with another 98,890 vehicles per day.
• Densely populated and affluent market with over 40,245 people and average household incomes over $161,357 within 5 miles

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