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1288 Route 38
Hainesport, NJ 08036
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Located at a signalized intersection with full Route 38 access.
- Surrounded by national retailers and healthcare anchors.
- Strong local demographics with high household income.
- Positioned within a designated Redevelopment Zone.
- Minutes from I-295, NJ Turnpike, Route 73 & Route 70.
- 7.10-acre site with development potential.
EXECUTIVE SUMMARY
Positioned at a signalized intersection along Route 38 and Hainesport Mount Laurel Road, 1288 Route 38 offers a rare opportunity to acquire a ±12,000 SF building on 7.10 acres within a designated Redevelopment Zone. This premier pad-site is ideally suited for retail, professional, or medical office users seeking high visibility and strategic access.
The property benefits from dual ingress and egress via the traffic light, enabling seamless access to both sides of Route 38.
Its location places it within minutes of major regional arteries including I-295, the New Jersey Turnpike, Route 73, and Route 70, ensuring strong connectivity across South
Jersey and into Philadelphia. The surrounding area is anchored by a robust mix of national retailers, grocers, and service providers, including Target, ShopRite, Costco, and Lowe’s. Entertainment venues like Top Golf and The Funplex, along with healthcare institutions such as Virtua Hospital and Penn Medicine, contribute to a vibrant and well-served community.
Demographics within a 5-mile radius reflect strong household income levels exceeding $128,000 and a population base of over 120,000, supporting long-term demand for commercial services. With open vacant lots ready for development and a concept plan in place, this site presents a compelling value proposition for investors and owner-users alike.
The property benefits from dual ingress and egress via the traffic light, enabling seamless access to both sides of Route 38.
Its location places it within minutes of major regional arteries including I-295, the New Jersey Turnpike, Route 73, and Route 70, ensuring strong connectivity across South
Jersey and into Philadelphia. The surrounding area is anchored by a robust mix of national retailers, grocers, and service providers, including Target, ShopRite, Costco, and Lowe’s. Entertainment venues like Top Golf and The Funplex, along with healthcare institutions such as Virtua Hospital and Penn Medicine, contribute to a vibrant and well-served community.
Demographics within a 5-mile radius reflect strong household income levels exceeding $128,000 and a population base of over 120,000, supporting long-term demand for commercial services. With open vacant lots ready for development and a concept plan in place, this site presents a compelling value proposition for investors and owner-users alike.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
12,000 SF
Building Class
C
Year Built
1969
Price
$2,200,000
Price Per SF
$183.33
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.04
Lot Size
7.10 AC
Zoning
HC
Parking
100 Spaces (8.33 Spaces per 1,000 SF Leased)
Frontage
299’ on Route 38
AMENITIES
- Dedicated Turn Lane
- Freeway Visibility
- Signage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $372,500 | |
| Land Assessment | $1,363,700 | Total Assessment | $1,736,200 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,363,700
Improvements Assessment
$372,500
Total Assessment
$1,736,200
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