Showroom For Sale • 32,500 SF
| 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 % |
| 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 |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 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 |
| Airport | Drive | Walk | Distance |
| Philadelphia International | 39 min | - | 24.9 mi |
| Atlantic City International | 65 min | - | 35.0 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 25 |
| Type: | Surface |
| Included in Rent: | Yes |