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Shopping Center | Clementon, NJ (Sale)

Shopping Center | Clementon, NJ (Sale)

168 White Horse Pike, Clementon, NJ 08021

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PROPERTY DETAILS

Price

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NOI

$304,000 (upon full occupancy)

GLA

±20,490

Total Lot Size

2.86 Acres

Parking Space

90 Private Spaces

Marketing Description

Equity Retail Brokers is pleased to offer the opportunity to purchase a ±20,490 Sq Ft shopping center on approximately 2.86 Acres in Clementon, NJ. Located at 168 White Horse Pike this property sits on the primary corridor from Stratford to Berlin. This bustling corridor sees approximately 23,000 vehicular ADT and has multiple NJ Transit Bus Routes driving by and stopping daily directly across the street. With approximately 2,300 apartments within a 1-mile radius, this offering features 90 off-street parking spaces. Though this property has two vacancies, the property has multiple tenants, including its anchor tenant Dollar Tree, and could be the perfect opportunity to become an owner-operator.

Investment Highlights

  • Commitment to Location: Dollar Tree and La Plazita are leased through 2031 and Crab Bay is leased through 2032
  • Strategic Location: Corner lot near signalized intersection. Close proximity to ~2,300 apartment units.
  • Strong Demographics: Population of nearly 85,000 with an average HHI of $104,151 within a 3-mile radius

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