973-292-4624
409 Stokes Rd, Medford, NJ for Sale
Drug Store - FOR SALE
1/4
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409 Stokes Rd
Medford, NJ 08055


HIGHLIGHTS

  • 409 Stokes Road is a freestanding former Rite Aid building with a two-lane drive-thru and plentiful surface parking on a 2.17-acre parcel.
  • The property benefits from its frontage on Stokes Road, a main thoroughfare and retail corridor connecting Routes 70 and 206.
  • An opportunity with immense upside via new community-focused operations in an established location exposed to more than 12,000 VPD.
  • Medford, NJ, boasts an average annual income of $198,874, 43% higher than the state average, and over 35% of households earn $200K or more annually.
  • Rite Aid has been the only tenant at the location since 1999, providing a built-in customer base for the new tenant in the second-gen retail space.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Vacant 10,909 SF Former Rite Aid Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

90

LAND DETAILS

LAND ACRES

2.17 AC

LAND SF

94,525 SF

ZONING

CC

APN/PARCEL ID

20-04106-0000-00008-02

ASK ABOUT THIS PROPERTY

Andrew SchwartzCushman & WakefieldMore Info
973-292-4624

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Andrew SchwartzCushman & WakefieldMore Info
973-292-4624

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