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    Pennsauken Township Merchantville, NJ 08109

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    For Sale
    Contact for pricing

    Freestanding retail property with high visibility in a dense market.

    Property size:
    9,204 SF

    Property Features for Pennsauken Township

    General Information

    Size
    9,204 SF

    Source: Brendan Mulligan Agent Brendan Mulligan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Property on Maple Avenue

    This is a 9,204 square foot retail property. Formerly a Rite Aid, the freestanding building offers excellent parking and visibility on Maple Avenue. It is located in a dense market just north of Cherry Hill.
    Location Intelligence

    Current Use by Public Records

    Drug stores

    Similar Places Nearby

    COVID-19 Drive-Thru Testing at Walgreens, Long H. Nguyen, PharmD, Walgreens Pharmacy, Thanhnhan Bui, Dilesh Patel

    Map

    City
    Merchantville
    County
    Camden
    State
    New Jersey
    Longitude
    -75.0501
    Latitude
    39.95

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    FAQs

    What type of property is this?
    Drug store - Freestanding retail property with high visibility in a dense market.
    Where is this drug store located?
    The property is located at Pennsauken Township Merchantville, NJ.
    What are key features of this property?
    This property features: - Freestanding former Rite Aid building.; - **±9,204 SF of retail space available for lease.**; - **Great visibility along Maple Ave.**
    (267) 519-7582
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    Pennsauken Township Merchantville, NJ 08109
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    Merchantville, NJ 08109
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Pennsauken Township Merchantville, NJ 08109
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