5200 Route 42 - Storefront FOR SALE
Blackwood, NJ 08012 |
5200 Route 42
Blackwood, NJ 08012
HIGHLIGHTS
- Located in the heart of the submarket’s prime retail corridor home to nationally recognized tenants, 20 minutes from downtown Philadelphia.
- The center experienced 235,400 visits from an estimated 140,200 customers in 2019, and customers spent an average of 45 minutes at the center.
- Less than two miles to the Atlantic City Expressway, a major north-south thoroughfare within New Jersey and is a major retail node.
- Anchored by Harbor Freight Tools, a sought-after tenant in the investment community offering quality tools at low prices.
- Ganttown Plaza is 68%-occupied, providing an exceptional value-add opportunity through lease-up, offered at a significant discount to replacement.
- Situated in a dense trade area home to nearly 65,000 residents in the surrounding three miles with an average household income over $110,000.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Ganttown Plaza
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
107512
STORIES
1
YEAR BUILT
1988
SPRINKLERS
-
PARKING SPACES
269
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
18-00196-01-00001
