Retail

Dollar Tree Hazlet

3600 Nj-35, Hazlet, NJ, 07730, US

Dollar Tree Hazlet_Property for Sale

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Dollar Tree Hazlet 2_Property for Sale

Asset description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer the leasehold interest in a freestanding Dollar Tree in Hazlet, NJ (the “Property”). Dollar Tree, a Fortune 200 company and leading operator of discount variety stores, recently extended their lease to 2031, showing a commitment to the location. Conveniently situated at the confluence of NJ state routes 35 and 36, Dollar Tree is able to draw from the 53,000+ vehicles that pass the premises daily. The consumer traffic is also bolstered by its investment grade neighbor, The Home Depot, which generates nearly 825,000 customer visits each year (Placer.ai).

Attributes

Asking Price
$2,693,000
Building area Net
12,000 sf
Occupancy
100.00%
Year built
2002
Land area Net
0.38 acres (16,553 sf)

Investment highlights

  • Long Term Tenure & Commitment to the Location
  • Strong Brand Dominance in New Jersey
  • Excellent Retail Trade Area Supported by Major State Route Traffic Counts
  • Investment Grade (BBB; S&P) Credit Rating
  • Shadow Anchored by The Home Depot

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Last updated
Dec 5, 2022