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Lumberton Independent Plaza 1559 Rt 38 18,210 SF 100% Leased Retail Building Lumberton, NJ 08048 For Sale



Investment Highlights
- Fully leased retail center with an 18,210 SF building on 2.32 acres.
- Service-driven tenant mix minimizes e-commerce disruption risk.
- Situated in a strong trade area with affluent demographics and residential density.
- Anchored by healthcare and childcare tenants with long-term occupancy.
- Located along heavily trafficked Route 38 with ±35,000 vehicles per day.
- Consistent projected NOI with established tenant retention.
Executive Summary
Independence Plaza presents an attractive retail investment opportunity within the thriving Route 38 corridor in Lumberton, New Jersey. This fully leased neighborhood center offers an 18,210-square-foot building situated on 2.32 acres with strong visibility and easy access to major regional routes. Anchored by essential service-based tenants, the property provides consistent daily traffic, a stable income stream, and long-term tenancy.
The asset features five well-established tenants spanning childcare, healthcare, experiential, and service-oriented sectors that reduce exposure to e-commerce risk and promote stable operational performance. With a Net Operating Income projected at $298,562 for 2026 and proven occupancy history, the property demonstrates consistent cash flow supported by a favorable tenant mix.
Located in an affluent suburban market with a population exceeding 85,000 within a 5-mile radius and median household incomes above $100,000, the center enjoys strong demographics and steady consumer demand. Excellent positioning along a high-traffic retail corridor, coupled with proximity to national retailers and residential neighborhoods, further enhances its long-term investment potential.
The asset features five well-established tenants spanning childcare, healthcare, experiential, and service-oriented sectors that reduce exposure to e-commerce risk and promote stable operational performance. With a Net Operating Income projected at $298,562 for 2026 and proven occupancy history, the property demonstrates consistent cash flow supported by a favorable tenant mix.
Located in an affluent suburban market with a population exceeding 85,000 within a 5-mile radius and median household incomes above $100,000, the center enjoys strong demographics and steady consumer demand. Excellent positioning along a high-traffic retail corridor, coupled with proximity to national retailers and residential neighborhoods, further enhances its long-term investment potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
18,210 SF
Building Class
B
Year Built
1998
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
2.32 AC
Zoning
B2, Lumberton Twp - Business
Parking
100 Spaces (6 Spaces per 1,000 SF Leased)
Frontage
445’ on Route 38
Amenities
- 24 Hour Access
- Pylon Sign
- Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 17-00008-0000-00001 | Improvements Assessment | $1,492,400 |
| Land Assessment | $200,000 | Total Assessment | $1,692,400 |
Property Taxes
Parcel Number
17-00008-0000-00001
Land Assessment
$200,000
Improvements Assessment
$1,492,400
Total Assessment
$1,692,400
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Lumberton Independent Plaza | 1559 Rt 38
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