2 Marlton Pike W - Service Station FOR SALE


Cherry Hill, NJ 08002- Cherry Hill/Haddonfield
$2,150,261 USD
781-776-4006
2 Marlton Pike W, Cherry Hill, NJ for Sale
$2,150,261 USD
Service Station - FOR SALE
1/6
null | 6.75% Cap Rate

2 Marlton Pike W
Cherry Hill, NJ 08002
Cherry Hill/Haddonfield


HIGHLIGHTS

  • Attractive Rent Increases
  • Zero Landlord Responsibilities
  • Strong Tenant
  • Strategic Retail Location
  • High Traffic Counts
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a single-tenant, net-leased Amoco Gas Station and Convenience Store located at 2 Marlton Pike West in Cherry Hill, New Jersey (“the Property”). The Property consists of a 1,679 square foot freestanding building with 12 fueling stations on a 0.64-acre corner lot. Amoco features an original 20-year lease, signed in 2011, that currently has 5+ years of term remaining followed by four (4), 5-year renewal options. The lease calls for attractive 2% annual increases in rent throughout the primary lease term and renewal options. Amoco Gas Station & Convenience Store is prominently located at the signalized intersection of Marlton Pike (Route 70) and Kings Highway on a pad site to the Whole-Foods-anchored Ellisburg Shopping Center. This high-traffic location offers excellent visibility and frontage with multiple points of ingress and egress along one of the area’s primary commercial corridors. The Property is situated just minutes from major highways including I-295 and Route 38, providing convenient access for both local residents and regional commuters. The surrounding area features a dense mix of residential neighborhoods, office parks, and retail centers, creating a steady flow of daily traffic. Nearby national retailers and local businesses enhance the site’s commercial appeal and contribute to consistent customer activity.

FOR SALE DETAILS

PRICE

$2,150,261 USD

PRICE/SF

$1,281 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Amoco

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,878 SF

ZONING

B3

APN/PARCEL ID

09-00340-02-00004

ASK ABOUT THIS PROPERTY

Matthew NadlerHorvath & TremblayMore Info
781-776-4006

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Matthew NadlerHorvath & TremblayMore Info
781-776-4006

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