172 Route 73 Berlin, NJ 08009
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.