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110 Cushman Ave
West Berlin, NJ 08091

$3,456,562 USD

Showroom For Sale  •  32,500 SF

Property Details

  • Property Type Showroom
  • Total Building Size 32,500 SF
  • Lot Size 1.95 AC
  • Building Class B
  • Year Built 1972
  • Cap Rate 7.85 %
  • Tenancy Multiple
  • Zoning C2
0 Transit Score
46 Walk Score

Highlights

Attractive and secure investment opportunity: priced below replacement cost with a cap rate of 7.85%
Building can be easily subdivided into additional units, offering longterm flexibility and value-add potential
The building's largest tenant, Kepple's Carpet, occupies just over 60% of the building, has been operating out of this location for 20 years
Recent upgrades: the property features a new roof installed in 2022; tenants are responsible for all operating expenses except for roof & structure
Strategic location: located near highway 73, the property benefits from high visibility and accessibility
Dynamic zoning: situated on a +/- 2-acre lot and zoned C-3 (highway commercial 3), this property supports a range of commercial activities
Cap Rate: 7.85 %

Major Tenants

Tenant SF Occupied Lease End Date
Heritage Tile 7,900 SF 2/28/2027
Hospitality On Purpose Everyday (HOPE) Nonprofit 4,900 SF 6/30/2030
Kepples Carpet 19,700 SF 8/31/2029

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Atco (Atlantic City Line - NJ Transit Commuter Rail (NJ Transit)) 6 min - 3.4 mi
Lindenwold (Njt) (Atlantic City Line - NJ Transit Commuter Rail (NJ Transit)) 10 min - 6.2 mi
AirportDriveWalkDistance
Philadelphia International 39 min - 24.9 mi
Atlantic City International 65 min - 35.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 25
Type: Surface
Included in Rent: Yes
Griffin Reath 215-618-2025 Sands Investment Group
Griffin Reath 215-618-2025 Sands Investment Group