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1315 Route 73
Mount Laurel, NJ 08054
Auction:7/24 - 7/26: 1315 Route 73 · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
16,225 SF
Building Class
B
Year Built
1968
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
2.14 AC
Zoning
HC-5 - Highway Commercial District
Parking
133 Spaces (8.19 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage
  • Air Conditioning

ABOUT 1315 ROUTE 73 , MOUNT LAUREL, NJ 08054

***BIDDER DEPOSITS MUST BE PLACED ONLY BY WIRE TRANSFER OR CASHIERS CHECK OR PARTICIPATION AGREEMENT. CREDIT CARDS WILL NOT BE ACCEPTED.*** Property tours are available by appointment ONLY. Please contact Jason Trembicki at 917-526-2982 or jtrembicki@kwcommercial.com, or Brady Carroll at 610-291-9895 or bcarroll@kwcommercial.com. Investment Highlights To be delivered vacant upon sale 16,225 SF two-story freestanding retail building 2.24 acre parcel in high barriers to entry retail corridor Located In highly sought after market with limited inventory Ideal for owner/user or National Retailer Can be easily converted back to a car dealership 52,370 VPD Traffic Count on Route 73 Investment Overview 1315 Route 73 (the "Property") is a 16,225 SF two-story freestanding retail building located in Mount Laurel, NJ. The Property, built in 1968 and renovated in 2015, is currently owned and occupied by Giant Fitness. The current owner is relocating the club upon sale, but may be willing to sign on as a month-to-month tenant for a short period. Previously the location of DeSimone Cadillac, the Property can be easily converted back to an auto dealership. This offering represents a rare opportunity to own a recently renovated freestanding building and 2.24 acre parcel, with direct frontage exposure to a highly traveled, and highly sought after, retail corridor. The Property is located in Mount Laurel, a suburban community and township in Burlington County, NJ. It is conveniently situated on Route 73, just 2 miles southeast of both the New Jersey Turnpike and I-295, with a traffic count of 52,370 VPD. The Township is considered an edge city suburb of Philadelphia, PA, which is located 9 miles east. The state capital, Trenton, is approximately 29 miles to the north. The areas demographics include an estimated 2017 population of 74,993 people with an average household income of $111,180 within a 3-mile radius of the Property. 1315 Route 73 is an ideal investment for an owner/user or value-add focused buyer, for use by a national retailer or auto dealership, in a rarely available high barrier to entry retail corridor.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
24-01100-01-00002
Land Assessment
$685,500
Improvements Assessment
$1,854,800
Total Assessment
$2,540,300
  • Listing ID: 7671591

  • Date on Market: 6/15/2017

  • Last Updated:

  • Address: 1315 Route 73, Mount Laurel, NJ 08054

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