This Retail Property is no longer advertised on LoopNet.com.

14 S Centre St
Merchantville, NJ 08109
Retail Property For Sale

Investment Highlights

  • Single tenant Rite Aid (NYSE: RAD | S&P: CCC+) drugstore located in the heart of Merchantville, NJ just a 10 minute drive to Philadelphia, PA
  • Absolute net lease structure with zero landlord responsibility
  • Strong demographic area with 111,777 residents and average household incomes of $89,191 within 3-miles of the property
  • Rite Aid has been a tenant at this location since 1978
  • 13 dedicated off street parking spaces greatly benefit the location

Property Facts

Property Type
Retail
Property Subtype
Drug Store
Building Size
5,691 SF
Building Class
C
Year Built
1978
Tenancy
Single
Building Height
1 Story
Building FAR
0.45
Lot Size
0.29 AC
Parking
12 Spaces (2.11 Spaces per 1,000 SF Leased)
Frontage
45’ on Centre St

Amenities

  • Bus Line
  • Signage

Property Taxes

Property Taxes

Parcel Number
24-00022-0000-00021
Land Assessment
$91,200
Improvements Assessment
$959,200
Total Assessment
$1,050,400
  • Listing ID: 24182539

  • Date on Market: 9/28/2021

  • Last Updated:

  • Address: 14 S Centre St, Merchantville, NJ 08109

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