856-857-6300
245 S Black Horse Pike, Mount Ephraim, NJ for Sale
Freestanding - FOR SALE
1/4
null | Request Cap Rate

245 S Black Horse Pike
Mount Ephraim, NJ 08059


HIGHLIGHTS

  • Fully leased mixed-use building with retail and residential components.
  • Dance studio tenant has seven years remaining on a ten-year lease term.
  • Residential unit leased on an annual basis for continued occupancy stability.
  • Located on Black Horse Pike with traffic counts of approximately 22,000 vehicles per day.
  • Convenient access to I-295, Route 30, and the New Jersey Turnpike for regional connectivity.
  • Positioned in a visible, high-traffic commercial corridor supporting strong tenant performance.

OVERVIEW

This fully leased mixed-use property at 245 S. Black Horse Pike in Mt. Ephraim, NJ, presents a strong income-producing investment opportunity. The building spans approximately 8,192 square feet and features a successful dance studio occupying the first-floor retail space, complemented by a residential apartment on the second floor. The dance studio tenant is secured under a long-term lease with seven years remaining on a ten-year term, while the residential unit is leased on an annual basis, providing stable and predictable cash flow. The property benefits from its strategic location along heavily traveled Black Horse Pike, which sees approximately 22,000 vehicles per day. This high-visibility corridor offers excellent exposure for the retail tenant and ensures consistent traffic. Additionally, the site provides convenient access to major transportation routes, including I-295, Route 30, and the New Jersey Turnpike, enhancing connectivity to regional markets. With its combination of a reliable tenant mix, long-term lease security, and a location in a well-trafficked commercial corridor, this asset offers investors a compelling opportunity for steady income and long-term value appreciation.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,956 SF

ZONING

N/A, Mt Ephraim Boro

APN/PARCEL ID

25-00116-0000-00007-07

ASK ABOUT THIS PROPERTY

Corey HassmanWolf Commercial Real Estate L.L.C.More Info
856-857-6300

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

Corey HassmanWolf Commercial Real Estate L.L.C.More Info
856-857-6300

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