3921 Route 42
Turnersville, NJ 08012
Former 23,500 SF Office Max Building · Retail Property For Sale
Property Facts
Amenities
- Signage
About 3921 ROUTE 42 , TURNERSVILLE, NJ 08012
• Listing Price: 3,500,000 • Vacant Building which includes Loading Docks • 2000 Construction: Property is in good condition • Ideal for Value-Add Investor or Owner-user • Predictable Cash Flow: Current lease expires in January 2021. Ample time to reposition the property with a new tenant and negotiate a buy out with Office Max. • Anchored by Target: Encap to a busy Target store • Close Proximity to Retailers: Other notable national retails in the trade area include Lowe’s, Advanced Auto Parts, Mattress Warehouse, Applebee’s, Kohl’s, LA Fitness, Marshalls, Bed Bath & Beyond, Home Depot, Old Navy, AC Moore, and two first-run cinemas. • High Traffic Intersection: Signalized intersection of Black Horse Pike (Route 42) and Watson Drive: over 42,000 cars per day • Strong Affluent demographics: Over 163,000 People Average Household Income of over $91,000 within a 5-mile Radius • Easy Access and Visibility: Excellent access through 3 convenient ingress & egress. Also there are 2 pole signs each on Route 42 and Watson Drive.
Property Taxes
| Parcel Number | 18-00115-0000-00021-01 | Improvements Assessment | $925,000 |
| Land Assessment | $575,000 | Total Assessment | $1,500,000 |
Property Taxes
