Saturday, February 19, 2011

Sale Arranged of Camden Town Center Pads in Camden, Delaware Totaling $6,032,000

The five ground leased pad sites at Camden Town Center include:

- Applebee's Neighborhood Bar & Grill, at 4110 South DuPont Highway, at the price of $1,257,000, which represents a 7.00 percent capitalization rate;

- Chick-fil-A, at 4044 South DuPont Highway, at the price of $1,240,000, which represents a 6.25 percent capitalization rate;

- Dunkin' Donuts, at 4080 South DuPont Highway, at the price of $930,000, which represents a 6.24 percent capitalization rate;

- Texas Roadhouse, at 4568 South DuPont Highway, at the price of $1,535,000, which represents a 7.52 percent capitalization rate; and

- WSFS Bank, at 4566 South DuPont Highway, at the price of $1,070,000, which represents a 6.62 percent capitalization rate.

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