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2841-2901 Route 42 15,200 SF 100% Leased Retail Building Sicklerville, NJ 08081 $1,750,000 ($115.13/SF)



INVESTMENT HIGHLIGHTS
- Approximately 80,000 people passed the property daily.
- Approved through the township for a Cannabis Dispensary.
- Financials are available to qualified buyers after a written offer is presented.
EXECUTIVE SUMMARY
A must see property!!!! Rare opportunity to own this tremendous cash flow property. 15,000 sq ft shopping center with endless possibilities for development and even greater cash flow. Property covers 288 ft corner to corner location on Route 42 in Washington Township. Property includes 5 total stores, 2 apartments, & 9 garage buildings. Current tenants include a Hair salon, barbershop, food market, fence company, a few car detailing/workshops, storage. Property is zoned to allow a CANNIBIS retailer license. You get all the traffic going and coming Easy to get here from Philadelphia or down the shore Rowan is approximately 15 minutes away. Atlantic City Expressway is a few minutes away plenty of stores tons of commercial traffic every day is on this road and traffic both ways. Excellent opportunity awaiting!!!!!
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Freestanding
Building Size
15,200 SF
Building Class
C
Year Built
1968
Price
$1,750,000
Price Per SF
$115.13
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.48
Lot Size
0.72 AC
Zoning
NC - NC zoning is designed to promote small-scale retail businesses, personal services, and other neighborhood-oriented uses while maintaining a resident.
Parking
30 Spaces (1.97 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 18-00094-0000-00003 | Improvements Assessment | $30,800 |
| Land Assessment | $188,200 | Total Assessment | $219,000 |
PROPERTY TAXES
Parcel Number
18-00094-0000-00003
Land Assessment
$188,200
Improvements Assessment
$30,800
Total Assessment
$219,000
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2841-2901 Route 42
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