1149 Marlkress Rd - Freestanding FOR SALE


Cherry Hill, NJ 08003- Cherry Hill/Haddonfield
$3,555,555 USD
610-645-7700
1149 Marlkress Rd, Cherry Hill, NJ for Sale
$3,555,555 USD
Freestanding - FOR SALE
1/1
null | 6.75% Cap Rate

1149 Marlkress Rd
Cherry Hill, NJ 08003
Cherry Hill/Haddonfield


HIGHLIGHTS

  • Corporate Tenant and Guaranty: K9 Resorts is a premier pet care franchise specializing in luxury dog boarding and daycare services.
  • Sale Leaseback: Brand new 15-year absolute triple net lease with zero landlord responsibilities to begin at the close of escrow

OVERVIEW

Equity Retail Brokers is pleased to offer for sale the K9 Resorts in Cherry Hill, NJ. This deal includes a brand new 15-year absolute triple net (NNN) lease with zero landlord responsibilities to begin at the close of escrow, providing for a secure investment. The lease comes with the added security of a corporate guaranty from K9 Resort’s corporate entity, adding a layer of security and confidence for investors. K9 Resorts has occupied this site since 2019, and completely renovated the space to accommodate their business model.

FOR SALE DETAILS

PRICE

$3,555,555 USD

PRICE/SF

$570 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

K9 Resorts

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Veterinarian/Kennel

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.35 AC

LAND SF

58,806 SF

ZONING

-

APN/PARCEL ID

09-00437-01-00014

ASK ABOUT THIS PROPERTY

Kenneth YanniEquity Retail Brokers, Inc.More Info
610-645-7700

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Kenneth YanniEquity Retail Brokers, Inc.More Info
610-645-7700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.