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The Shoppes at Cross Keys

The Shoppes at Cross Keys

609 Cross Keys Rd, Sicklerville, NJ 08081

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PROPERTY DETAILS

Price

$4,200,000

Cap Rate

6.76%

MSA

Philadelphia MSA

Parking Spaces

64

Marketing Description

The Shoppes at Cross Keys represents a premier investment opportunity in one of the region’s vibrant and thriving retail corridors. This well-maintained property showcases a timeless brick façade that not only enhances its curb appeal but also underscores its quality construction. With minimal capital improvement requirements, the property ensures a lower cost of ownership while maintaining its ability to attract high-caliber tenants. The center features flexible configurations tailored to small-format retailers, allowing for diverse leasing opportunities that align with evolving market demands. Positioned just off a signalized intersection with direct access to the Atlantic City Expressway, the property offers excellent ingress and egress, further amplifying its appeal.

The Shoppes at Cross Keys is strategically located in an area supported by robust demographics. Sicklerville is currently growing at a rate of 7.69% annually and its population has increased by 18.94% since the most recent census. Within a 5-mile radius, there are 145,296 residents and over 54,000 households, with an average household income exceeding $122,500, demonstrating strong purchasing power and sustained retail demand. The property benefits from limited direct competition in the immediate vicinity, enhancing its positioning as a key retail destination. Its proximity to other retail hubs, combined with its superior visibility and accessibility, make it an ideal choice for tenants looking to maximize exposure and convenience. With its combination of high-quality construction, excellent location, and strong market fundamentals, The Shoppes at Cross Keys offers significant long-term value and growth potential for investors seeking a stable and attractive retail asset.

Investment Highlights

  • Strong Demographics
    • 144,296 residents within a 5-mile radius
    • Average HHI exceeding $122,500
  • Prime Location
    • Positioned off a signalized intersection with excellent visibility
    • Direct access to Atlantic City Expressway
    • Limited direct competition enhances tenant appeal
  • High-Quality Asset
    • Timeless brick façade enhancing curb appeal
    • Minimal capital improvements required, ensuring low cost of ownership

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