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1061 Route 73 2,105 SF Retail Building Pennsauken, NJ 08110 $1,300,000 ($617.58/SF)
Executive Summary
1061 Route 73, Pennsauken , NJ | Block 2001 Lot 5
Approximately 1.522 acres FOR SALE | $1,500,000
High visibility and traffic: Over 179’ of frontage and over 42,000 VPD pass the site
Strong trade area: Surrounded by a plethora of national tenants
Uses, including drive through: The C-1 zone permits many uses including drive through restaurant, retail, self-storage, houses of worship, cannabis retail dispensary, motor vehicle repair and more.
Demographics and proximity to city density: Strong demographics support the uses that are permitted in this zone. This site sits approximately 1.5 miles from the Tacony-Palmyra Bridge, which crosses over into Northern Philadelphia and supports strong demographic access from local residents, commuters and nearby city residents.
Previously developed site: Utilities are on site and the site is fully improved, which drastically reduces cost to redevelop. Previous use was a Taco Bell with drive through
Approximately 1.522 acres FOR SALE | $1,500,000
High visibility and traffic: Over 179’ of frontage and over 42,000 VPD pass the site
Strong trade area: Surrounded by a plethora of national tenants
Uses, including drive through: The C-1 zone permits many uses including drive through restaurant, retail, self-storage, houses of worship, cannabis retail dispensary, motor vehicle repair and more.
Demographics and proximity to city density: Strong demographics support the uses that are permitted in this zone. This site sits approximately 1.5 miles from the Tacony-Palmyra Bridge, which crosses over into Northern Philadelphia and supports strong demographic access from local residents, commuters and nearby city residents.
Previously developed site: Utilities are on site and the site is fully improved, which drastically reduces cost to redevelop. Previous use was a Taco Bell with drive through
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,105 SF
Building Class
C
Year Built
1789
Price
$1,300,000
Price Per SF
$617.58
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.50 AC
Opportunity Zone
Yes
Zoning
commercial - Retail Fast Food
Parking
40 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
179’ on Route 73
Amenities
- Freeway Visibility
- Pylon Sign
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | 27-02001-0000-00005 | Improvements Assessment | $312,000 |
| Land Assessment | $608,000 | Total Assessment | $920,000 |
Property Taxes
Parcel Number
27-02001-0000-00005
Land Assessment
$608,000
Improvements Assessment
$312,000
Total Assessment
$920,000
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Presented by
The DiOrio Team at Berkshire Hathaway Commercial
1061 Route 73
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