5309 Marlton Pike Pennsauken, NJ 08109

Located at 5309 Marlton Pike W in Pennsauken, NJ, this 10,000 square foot commercial property presents a strong investment opportunity with a stable, long-term income stream. The property is fully leased to Best Buy Furniture through 2034, ensuring minimal landlord responsibilities. Situated on a 17,630 square foot lot, the building features one drive-in loading dock and an additional rear garage door, enhancing its versatility for retail and logistics uses. Currently, the site offers six parking spaces at the front, with a vacant rear section of the lot that provides the potential to expand parking or support additional operational improvements. Offered at a 7.03% capitalization rate, the asset benefits from a dependable tenant and lease structure. The lease includes three scheduled rent escalations prior to expiration, further enhancing income growth over the hold period. The property boasts excellent regional connectivity with convenient access to Philadelphia, the Philadelphia International Airport, and major South Jersey and Delaware transit routes. This location makes it an appealing option for investors seeking a stabilized asset with built-in rental growth in a high-demand commercial corridor.