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Broker

Matthew Gorman

CBRE: NLP Philadelphia
Net Lease Property Group
Senior Vice President
  • 27Active Listing
  • 3Under Contract
  • 2Sold Transactions

Matthew Gorman joined CBRE as Senior Vice President in 2015 specializing in the sale of Net Lease properties in the Mid-Atlantic Region and throughout the country. Matthew and his team's primary goal is to execute for their clients at the highest level by representing their best interests professionally, honestly and with integrity in all aspects of the marketing and sales process. Shortly after joining CBRE, Matthew was inducted into the exclusive Net Lease Property Group, leading the Philadelphia region with a focus on the Mid-Atlantic and Northeast regions of the United States. CBRE's Net Lease Property Group consists of a national team of select senior advisors located in major metropolitan areas across the United States that specialize and are dedicated to transacting single-tenant assets and net-lease portfolios nationwide.

PA RS287470
555 E Lancaster Ave, Suite 120 Radnor, PA 19087

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320 East Jimmie Leeds Road, Galloway, NJ , 08205
  • Size SF3,054
  • Built/Renov2001/2023
  • Price/SF$884
  • Lease Start10-29-2023
  • Rent/SF$44.20
  • Lease Type NN+
  • Lot/AC1.32
  • Pop 5MI57,459

2,700,000

  • Cap Rate 5.00%
  • NOI $135,000
  • R. Term/Yrs 10.2
  • Guarantor Corp R + T
  • # Units 36,000
  • Recent renovation

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Affluent suburb location

  • Brand new lease

  • Favorable NN+ lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Starbucks
  • Guarantor Corp T and Rated
  • #Units 36,000
  • Moody's/S&P Baa1/ BBB+
  • Stock NASDAQ: SBUX
4593 San Juan Avenue, Jacksonville, FL , 32210
  • Size SF6,848
  • Built/Renov1961/1990
  • Price/SF$123
  • Lease Start05-08-1963
  • Rent/SF$7.36
  • Lease Type NN+
  • Lot/AC0.38
  • Pop 5MI177,684

840,000

  • Cap Rate 6.00%
  • NOI $50,400
  • R. Term/Yrs 9.4
  • Guarantor Corp R + T
  • # Units 950
  • Build to suit

  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Income tax free state

  • Accelerated depreciation

  • Favorable NN+ lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Goodyear
  • Guarantor Corp T and Rated
  • #Units 950
  • Moody's/S&P B1/ BB-
  • Stock NASDAQ: GT
4025 Durham Road, Ottsville, PA , 18942
  • Size SF9,200
  • Built/Renov2021
  • Price/SF$213
  • Lease Start11-24-2021
  • Rent/SF$12.80
  • Lease Type Abs NNN
  • Lot/AC2.30
  • Pop 5MI10,169

1,962,433

  • Cap Rate 6.00%
  • NOI $117,746
  • R. Term/Yrs 12.11
  • Guarantor Corp R + T
  • # Units 19,294
  • New construction

  • Oversized lot

  • Strategically located

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Absolute NNN

  • Long 10+ yr lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Dollar General
  • Guarantor Corp T and Rated
  • #Units 19,294
  • Moody's/S&P Baa3/ BBB
  • Stock NYSE: DG
56 W Mt Pleasant Ave, Livingston, NJ , 07039
  • Size SF4,208
  • Built/Renov2009
  • Price/SF$1,253
  • Lease Start09-15-2009
  • Rent/SF$68.92
  • Lease Type Abs NNN
  • Lot/AC0.53
  • Pop 5MI213,596

5,273,000

  • Cap Rate 5.50%
  • NOI $290,000
  • R. Term/Yrs 10.9
  • Guarantor Corp R + T
  • # Units 4,784
  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Top 100 MSA

  • Strong demographics

  • Recently extended lease

  • Long 10+ yr lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Chase Bank (GL)
  • Guarantor Corp T and Rated
  • #Units 4,784
  • Moody's/S&P A1/ A+
  • Stock NYSE: JPM
2600 West State Street, Alliance, OH , 44601
  • Size SF4,320
  • Built/Renov2000
  • Price/SF$759
  • Lease Start10-23-2003
  • Rent/SF$47.45
  • Lease Type Abs NNN
  • Lot/AC1.72
  • Pop 5MI33,287

3,280,000

  • Cap Rate 6.25%
  • NOI $205,000
  • R. Term/Yrs 15.10
  • Guarantor Franchisee
  • # Units 441
  • In location for years

  • WalMart out-parcel

  • Highway location

  • Major MSA

  • Recently extended lease

  • Long 15+ yr lease

  • Strong sales history

  • Absolute NNN

  • Publicly traded company

  • Top franchise operator

  • ...
  • Tenant Applebee's
  • Guarantor Franchisee
  • #Units 441
  • Stock NYSE: DIN
101 Lehigh Drive, Lehighton, PA , 18235
  • Size SF9,742
  • Built/Renov2006/2021
  • Price/SF$147
  • Lease Start03-01-2021
  • Rent/SF$11.25
  • Lease Type Modified Gross
  • Lot/AC2.02
  • Pop 5MI22,766

1,435,000

  • Cap Rate 7.63%
  • NOI $109,559
  • R. Term/Yrs 7.2
  • Guarantor Corp Rated
  • # Units 93
  • Recent renovation

  • In location for years

  • Strategically located

  • Central metro location

  • Highway location

  • Long operation history

  • Recently extended lease

  • Annual rent increases

  • Investment grade tenant

  • Credit rated company

  • ...
  • Tenant State of PA - Dept of Human Services
  • Guarantor Corp Rated
  • #Units 93
  • Moody's/S&P Aa3/ A+
  • Stock Government
24 Robinson Street, Pottstown, PA , 19464
  • Size SF12,320
  • Built/Renov2003/2021
  • Price/SF$204
  • Lease Start01-01-2021
  • Rent/SF$15.62
  • Lease Type Modified Gross
  • Lot/AC2.59
  • Pop 5MI87,362

2,515,000

  • Cap Rate 7.65%
  • NOI $192,404
  • R. Term/Yrs 7.0
  • Guarantor Corp Rated
  • # Units 93
  • Recent renovation

  • In location for years

  • Strategically located

  • Central metro location

  • Highway close

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Recently extended lease

  • Annual rent increases

  • Investment grade tenant

  • ...
  • Tenant State of PA - Dept of Human Services
  • Guarantor Corp Rated
  • #Units 93
  • Moody's/S&P Aa3/ A+
  • Stock Government
1155 Schadt Avenue, Whitehall, PA , 18052
  • Size SF3,500
  • Built/Renov1974
  • Price/SF$510
  • Lease Start10-01-1974
  • Rent/SF$35.71
  • Lease Type Abs NNN
  • Lot/AC1.14
  • Pop 5MI221,332

1,785,000

  • Cap Rate 7.00%
  • NOI $125,000
  • R. Term/Yrs 3.3
  • Guarantor Corp R + T
  • # Units 8,050
  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Dense 200M+ pop 5 mi

  • Long operation history

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Wells Fargo
  • Guarantor Corp T and Rated
  • #Units 8,050
  • Moody's/S&P A1/ BBB+
  • Stock NYSE: WFC
320 PA-313, Perkasie, PA , 18944
  • Size SF5,585
  • Built/Renov2021
  • Price/SF$1,193
  • Lease Start02-14-2021
  • Rent/SF$59.64
  • Lease Type Abs NNN
  • Lot/AC2.57
  • Pop 5MI47,934

6,661,000

  • Cap Rate 5.00%
  • NOI $333,071
  • R. Term/Yrs 17.2
  • Guarantor Corporate
  • # Units 950
  • Signalized intersection

  • Hard corner intersection

  • Near major nationals

  • Highway location

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Long 15+ yr lease

  • Absolute NNN

  • Corporate Guarantee

  • Over 500 units backed

  • ...
  • Tenant Wawa
  • Guarantor Corporate
  • #Units 950
  • Stock Private
810 Springfield Avenue, Irvington, NJ , 07111
  • Size SF12,300
  • Built/Renov2017
  • Price/SF$467
  • Lease Start06-06-2017
  • Rent/SF$23.33
  • Lease Type Abs NNN
  • Lot/AC0.92
  • Pop 5MI845,436

5,740,000

  • Cap Rate 5.00%
  • NOI $287,000
  • R. Term/Yrs 18.6
  • Guarantor Corp R + T
  • # Units 8,896
  • Signalized intersection

  • Hard corner intersection

  • Strategically located

  • Hospital close

  • Top 100 MSA

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 8,896
  • Moody's/S&P Baa3/ BBB
  • Stock NASDAQ: WBA
10670 Fremont Pike, Perrysburg, OH , 43551
  • Size SF2,087
  • Built/Renov2023
  • Price/SF$762
  • Lease Start08-15-2023
  • Rent/SF$38.09
  • Lease Type Abs NNN
  • Lot/AC0.44
  • Pop 5MI84,769

1,590,000

  • Cap Rate 5.00%
  • NOI $79,500
  • R. Term/Yrs 14.8
  • Guarantor Corp R + T
  • # Units 1,715
  • New construction

  • Build to suit

  • Shopping Ctr out-parcel

  • Freeway close

  • Highway location

  • Strong demographics

  • Brand new lease

  • Long 15+ yr lease

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant Valvoline, LLC
  • Guarantor Corp T and Rated
  • #Units 1,715
  • Moody's/S&P Ba2/ BB
  • Stock NYSE: VVV
101 Fort Washington Avenue, Fort Washington, PA , 19034
  • Size SF4,000
  • Built/Renov1968
  • Price/SF$588
  • Lease Start08-16-2023
  • Rent/SF$37.19
  • Lease Type Abs NNN
  • Lot/AC0.72
  • Pop 5MI195,584

2,350,000

  • Cap Rate 6.52%
  • NOI $153,220
  • R. Term/Yrs 4.8
  • Guarantor Corp R + T
  • # Units 2,123
  • Signalized intersection

  • Hard corner intersection

  • Strategically located

  • Highway close

  • Top 100 MSA

  • Strong demographics

  • Recently extended lease

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Truist Bank
  • Guarantor Corp T and Rated
  • #Units 2,123
  • Moody's/S&P A3/ A-
  • Stock NYSE: TFC
10576 Fremont Pike, Perrysburg, OH , 43551
  • Size SF3,500
  • Built/Renov2022
  • Price/SF$840
  • Lease Start11-01-2022
  • Rent/SF$35.71
  • Lease Type Abs NNN
  • Lot/AC1.43
  • Pop 5MI84,769

2,941,000

  • Cap Rate 4.25%
  • NOI $125,000
  • R. Term/Yrs 13.10
  • Guarantor Corporate
  • # Units 677
  • New construction

  • Hard corner intersection

  • Shopping Ctr out-parcel

  • Highway location

  • Top 100 MSA

  • Affluent suburb location

  • Brand new lease

  • Absolute NNN

  • Corporate Guarantee

  • Over 500 units backed

  • ...
  • Tenant Raising Cane's
  • Guarantor Corporate
  • #Units 677
  • Stock Private
4355 Saucon Creek Road, Center Valley, PA , 18034
  • Size SF9,000
  • Built/Renov2004
  • Price/SF$289
  • Lease Start06-01-2022
  • Rent/SF$23.84
  • Lease Type Double NN
  • Lot/AC2.24
  • Pop 5MI156,673

2,600,000

  • Cap Rate 8.25%
  • NOI $214,570
  • R. Term/Yrs 13.5
  • Guarantor Corporate
  • # Units 1
  • In location for years

  • Strategically located

  • University college close

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Strong demographics

  • Population increase trend

  • Long operation history

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • Tenant Swim-In Zone
  • Guarantor Corporate
  • #Units 1
  • Stock Private
829 Paoli Pike, West Chester, PA , 19380
  • Size SF2,425
  • Built/Renov2023
  • Price/SF$1,031
  • Lease Start07-01-2023
  • Rent/SF$51.55
  • Lease Type Abs NNN
  • Lot/AC0.57
  • Pop 5MI117,560

2,500,000

  • Cap Rate 5.00%
  • NOI $125,000
  • R. Term/Yrs 19.6
  • Guarantor Franchisee
  • # Units 22
  • New construction

  • Near major nationals

  • Highway close

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • New development zone

  • Brand new lease

  • Long 20+ yr lease

  • Absolute NNN

  • Personal guarantee

  • ...
  • Tenant Popeyes
  • Guarantor Franchisee
  • #Units 22
  • Stock NYSE: QSR
834 Springfield Avenue, Irvington, NJ , 07111
  • Size SF3,324
  • Built/Renov2016
  • Price/SF$1,375
  • Lease Start03-01-2024
  • Rent/SF$72.20
  • Lease Type Abs NNN
  • Lot/AC0.52
  • Pop 5MI845,436

4,571,429

  • Cap Rate 5.25%
  • NOI $240,000
  • R. Term/Yrs 20.2
  • Guarantor Franchisee
  • # Units 1
  • In location for years

  • Near major nationals

  • Strategically located

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Strong demographics

  • Long 20+ yr lease

  • Store sales reported

  • Absolute NNN

  • Personal guarantee

  • ...
  • Tenant Popeyes
  • Guarantor Franchisee
  • #Units 1
  • Stock NYSE: QSR
16400 Northcross Drive, Huntersville, NC , 28078
  • Size SF6,624
  • Built/Renov1997/2008
  • Price/SF$545
  • Lease Start09-15-2016
  • Rent/SF$32.69
  • Lease Type Abs NNN
  • Lot/AC2.44
  • Pop 5MI106,395

3,609,000

  • Cap Rate 6.00%
  • NOI $216,535
  • R. Term/Yrs 7.9
  • Guarantor Corp R + T
  • # Units 1,001
  • Near major nationals

  • Freeway close

  • Strong tenant synergy

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Absolute NNN

  • Annual rent increases

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant Outback Steakhouse
  • Guarantor Corp T and Rated
  • #Units 1,001
  • Moody's/S&P Baa3/ BB-
  • Stock NASDAQ: BLMN
9595 U.S. 30, Irwin, PA , 15642
  • Size SF7,225
  • Built/Renov2018
  • Price/SF$328
  • Lease Start01-02-2019
  • Rent/SF$18.88
  • Lease Type Double NN
  • Lot/AC1.03
  • Pop 5MI73,670

2,372,835

  • Cap Rate 5.75%
  • NOI $136,438
  • R. Term/Yrs 10.0
  • Guarantor Corp R + T
  • # Units 5,971
  • Build to suit

  • Near major nationals

  • Strategically located

  • Highway location

  • Strong tenant synergy

  • Affluent suburb location

  • Major MSA

  • Favorable NN+ lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant O'Reilly Auto Parts
  • Guarantor Corp T and Rated
  • #Units 5,971
  • Moody's/S&P Baa1/ BBB
  • Stock NASDAQ: ORLY
4431 Peach Street, Erie, PA , 16509
  • Size SF7,000
  • Built/Renov2016
  • Price/SF$253
  • Lease Start12-31-2016
  • Rent/SF$14.56
  • Lease Type Double NN
  • Lot/AC0.66
  • Pop 5MI151,472

1,772,000

  • Cap Rate 5.75%
  • NOI $101,905
  • R. Term/Yrs 13.0
  • Guarantor Corp R + T
  • # Units 5,971
  • Signalized intersection

  • Build to suit

  • Near major nationals

  • Strategically located

  • Strong tenant synergy

  • Dense 100M+ pop 5 mi

  • Long 10+ yr lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant O'Reilly Auto Parts
  • Guarantor Corp T and Rated
  • #Units 5,971
  • Moody's/S&P Baa1/ BBB
  • Stock NASDAQ: ORLY
20 Wesco Drive, Export, PA , 15632
  • Size SF7,400
  • Built/Renov2006
  • Price/SF$247
  • Lease Start10-03-2006
  • Rent/SF$15.43
  • Lease Type NN+
  • Lot/AC1.57
  • Pop 5MI38,393

1,825,000

  • Cap Rate 6.26%
  • NOI $114,182
  • R. Term/Yrs 6.5
  • Guarantor Corp R + T
  • # Units 4,171
  • In location for years

  • Near major nationals

  • Highway close

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Recently extended lease

  • Favorable NN+ lease

  • Annual rent increases

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant Fresenius Medical Care
  • Guarantor Corp T and Rated
  • #Units 4,171
  • Moody's/S&P Baa3/ BBB-
  • Stock NYSE: FMS
763 Bethlehem Pike, Montgomeryville, PA , 18936
  • Size SF12,200
  • Built/Renov1980
  • Price/SF$254
  • Lease Start07-01-1994
  • Rent/SF$13.93
  • Lease Type NN+
  • Lot/AC1.02
  • Pop 5MI146,052

3,100,000

  • Cap Rate 5.50%
  • NOI $170,500
  • R. Term/Yrs 9.10
  • Guarantor Corp Rated
  • # Units 748
  • In location for years

  • Highway location

  • Dense 100M+ pop 5 mi

  • Affluent AHHI $100K 5 Mi

  • Population increase trend

  • Long operation history

  • Recently extended lease

  • Favorable NN+ lease

  • Corporate Guarantee

  • Credit rated company

  • ...
  • Tenant Mavis Tire Supply LLC
  • Guarantor Corp Rated
  • #Units 748
  • Moody's/S&P B3/ B-
  • Stock Private
424 New Jersey 57, Lopatcong, NJ , 08865
  • Size SF10,063
  • Built/Renov2003/2022
  • Price/SF$314
  • Lease Start11-20-2022
  • Rent/SF$22.00
  • Lease Type NN+
  • Lot/AC2.40
  • Pop 5MI85,179

3,162,000

  • Cap Rate 7.00%
  • NOI $221,386
  • R. Term/Yrs 13.11
  • Guarantor Franchisee
  • # Units 399
  • Oversized lot

  • Near major nationals

  • Highway location

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Population increase trend

  • Long 10+ yr lease

  • Favorable NN+ lease

  • Annual rent increases

  • Top franchise operator

  • ...
  • Tenant Kiddie Academy
  • Guarantor Franchisee
  • #Units 399
  • Stock Private
116 North River Street, Plains, PA , 18705
  • Size SF10,640
  • Built/Renov2023
  • Price/SF$172
  • Lease Start04-24-2023
  • Rent/SF$10.76
  • Lease Type Abs NNN
  • Lot/AC2.00
  • Pop 5MI133,861

1,831,616

  • Cap Rate 6.25%
  • NOI $114,476
  • R. Term/Yrs 14.4
  • Guarantor Corp R + T
  • # Units 19,294
  • New construction

  • Near major nationals

  • Highway close

  • Strong demographics

  • Major MSA

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Dolgencorp LLC
  • Guarantor Corp T and Rated
  • #Units 19,294
  • Moody's/S&P Baa3/ BBB
1206 N Woodland Blvd, DeLand, FL , 32720
  • Size SF4,670
  • Built/Renov1993/2017
  • Price/SF$588
  • Lease Start05-10-2017
  • Rent/SF$29.40
  • Lease Type Abs NNN
  • Lot/AC1.23
  • Pop 5MI68,303

2,746,000

  • Cap Rate 5.00%
  • NOI $137,280
  • R. Term/Yrs 13.5
  • Guarantor Franchisee
  • # Units 200
  • Dense retail corridor

  • Near major nationals

  • University college close

  • Strong tenant synergy

  • Top 100 MSA

  • Income tax free state

  • Absolute NNN

  • Long 10+ yr lease

  • 100+ unit franchisee backed

  • Publicly traded company

  • ...
  • Tenant EYM Diner of Florida LLC
  • Guarantor Franchisee
  • #Units 200
  • Stock NASDAQ: DENN
4070 Interchange Corporate Center Road, Warrensville Heights, OH , 44128
  • Size SF8,408
  • Built/Renov2017
  • Price/SF$719
  • Lease Start01-01-2018
  • Rent/SF$55.73
  • Lease Type Abs NNN
  • Lot/AC4.09
  • Pop 5MI184,189

6,046,000

  • Cap Rate 7.75%
  • NOI $468,545
  • R. Term/Yrs 16.9
  • Guarantor Corp R + T
  • # Units 38
  • High traffic 50M+ VPD

  • Near major nationals

  • Freeway visibility

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant Carvana
  • Guarantor Corp T and Rated
  • #Units 38
  • Moody's/S&P Ca/ CCC
  • Stock NYSE: CVNA
1207 Harrisburg Pike, Carlisle, PA , 17013
  • Size SF3,278
  • Built/Renov2023
  • Price/SF$1,464
  • Lease Start03-01-2022
  • Rent/SF$80.58
  • Lease Type Abs NNN
  • Lot/AC1.45
  • Pop 5MI51,456

4,800,000

  • Cap Rate 5.50%
  • NOI $264,155
  • R. Term/Yrs 28.2
  • Guarantor Franchisee
  • # Units 20
  • New construction

  • Signalized intersection

  • Hard corner intersection

  • Near major nationals

  • Highway close

  • Top 100 MSA

  • Affluent suburb location

  • Long 20+ yr lease

  • Absolute NNN

  • Personal guarantee

  • ...
  • Tenant Burger King
  • Guarantor Franchisee
  • #Units 20
  • Moody's/S&P B1/ BB
  • Stock NYSE: QSR
833 Paoli Pike, West Chester, PA , 19380
  • Size SF20,442
  • Built/Renov2023
  • Price/SF$292
  • Lease Start12-01-2023
  • Rent/SF$14.58
  • Lease Type Double NN
  • Lot/AC4.18
  • Pop 5MI117,560

5,960,000

  • Cap Rate 5.00%
  • NOI $298,000
  • R. Term/Yrs 19.11
  • Guarantor Corporate
  • # Units 7,162
  • New construction

  • Major thoroughfare

  • Near major nationals

  • Highway close

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • New development zone

  • Brand new lease

  • Long 20+ yr lease

  • Corporate Guarantee

  • ...
  • Tenant ALDI Inc.
  • Guarantor Corporate
  • #Units 7,162
  • Stock Private

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