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122 W Oak Ave
Lawnside, NJ 08045 Cherry Hill/Haddonfield

$10,856,074 USD

Freestanding For Sale  •  140,590 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 140,590 SF
  • Lot Size 15.5 AC
  • Building Class B
  • Year Built 2001
  • Cap Rate 5.35 %
  • Tenancy Single
  • Zoning C-1
30 Transit Score
50 Walk Score

Highlights

NNN Ground Lease with Rare 10% Increases in Options
Sub $5 PSF Rent Mitigates Shorter Term Lease Risk
Rental Rate 50% of Market Rates
Two Previous Contract Renewals
Infill Philadelphia MSA Market with 292,070 Residents within 5-Miles

Property Flyers

Cap Rate: 5.35 %

Major Tenants

Tenant SF Occupied Lease End Date
Lowe’s 134,967 SF 8/23/2031

Amenities

  • Pylon Sign
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Lindenwold (Atlantic City Rail Line - NJ TRANSIT RAIL) 6 min - 3.5 mi
Cherry Hill (Atlantic City Rail Line - NJ TRANSIT RAIL) 11 min - 6.0 mi
AirportDriveWalkDistance
Philadelphia International 27 min - 16.1 mi
Dean Zang 202-536-3754 Marcus & Millichap
Dean Zang 202-536-3754 Marcus & Millichap