172 Route 73 Berlin, NJ 08009
Property Features for 172 Route 73
General Information
- Property type
- Retail properties
- Square Feet
- 1,700 SF
Building Details
- Year Built
- 1961
Listing Agency: CENTURY 21 Reilly Realtors Listing Agent: Charles Maimone
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
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 Profile
Location Intelligence
Current Use by Public Records
Retail properties
Location Insight
- Map
- Local Demand
- City
- Berlin
- County
- Camden
- State
- New Jersey
- Longitude
- -74.92506
- Latitude
- 39.79602
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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.