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172 Route 73 Berlin, NJ 08009

For Sale
$535,000

High-traffic retail space, strong lease, 7% cap rate.

Property size:
1,700 SF

Description

Added:
Feb 3, 2025
Days on Market:
306
This exceptional retail property, located at 172 S Route 73 in Berlin, New Jersey, presents a compelling investment opportunity. Situated on the corner of Route 73 and Taunton Avenue, this 1,700 square foot building benefits from a highly visible location with a traffic light, ensuring maximum exposure to the 28,000 vehicles that pass by daily. Currently leased to Enterprise, the property boasts a solid 7% capitalization rate, offering a strong return on investment. This is a prime opportunity to capitalize on a high-traffic location and a stable, established tenant. The property's strategic placement at a major intersection guarantees consistent foot traffic and visibility, making it ideal for a variety of retail businesses. Detailed financial information and lease terms are available upon request. Don't miss this chance to acquire a lucrative retail investment in a thriving New Jersey market. This property is priced at $535,000 and offers significant potential for future appreciation. Further documentation is available for review. Act quickly to secure this exceptional investment opportunity.

Property Features for 172 Route 73

General Information

Property type
Retail properties
Square Feet
1,700 SF

Building Details

Year Built
1961

Property Profile Location Intelligence

Current Use by Public Records

Retail properties

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Berlin
County
Camden
State
New Jersey
Longitude
-74.92506
Latitude
39.79602

FAQs

What type of property is this?
Retail property - High-traffic retail space, strong lease, 7% cap rate.
Where is this retail property located?
The property is located at 172 Route 73 Berlin, NJ.
What is the asking price?
The asking price for this property is $535,000.
More about this property
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