Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY N/A

Documents

I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 1991
Building Area Net
Land Area Net ()
Rentable Area
Occupancy 90.0 %
Call for Offers

Asset Description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer The Court at Deptford (the "Property"), a 361,049 square foot, 93% leased power center in Deptford, Gloucester County, New Jersey. The Property is anchored by Burlington, Hobby Lobby, Ross and Ashley Furniture, providing investors the opportunity to acquire a best-in-class retail destination situated along the highly trafficked Almonesson Road in Deptford, New Jersey.

Through its irreplaceable location, high-performing anchors and durable income stream, The Court at Deptford offers investors the opportunity to acquire a dominant, center of gravity retail center favorably situated in an in-fill location within the Philadelphia MSA, just 9 miles from Center City Philadelphia. The Property enjoys excellent roadway visibility and access to transportation infrastructure via Routes 42, 55 and I-95 and I-295, driving the extended trade radius and offering investors a stable revenue stream with strong, risk-adjusted returns.

Investment Highlights

BEST-IN-CLASS NATIONAL CREDIT TENANT LINEUP

  • 73% OF GROSS INCOME FROM CREDIT & NATIONAL TENANTS
  • 55% OF GROSS INCOME FROM BEST-IN-CLASS ANCHOR TENANCY
  • ±4.8 YEARS WEIGHTED AVERAGE LEASE TERM
  • ±11.5 YEARS WEIGHTED AVERAGE TENURE

STRONG LEASING MOMENTUM AND RESILIENCY

  • 190,768 SF NEW LEASES & RENEWALS SINCE 2018
  • 58,045 SF NEW LEASES / EXPANSIONS
  • 132,723 SF RENEWALS

PREMIER LOCATION & ACCESS WITH REGIONAL CONNECTIVITY IN A PREMIUM RETAIL CORRIDOR

  • 2.4M+ CUSTOMER VISITS OVER LAST 12 MONTHS
  • 87TH PERCENTILE OF SHOPPING CENTERS IN THE UNITED STATES
Last Updated Date: 11 Aug 2022

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Last Updated Date: 11 Aug 2022

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