122 W Oak Ave, Lawnside, NJ 08045

Building Details

Year Built

2001

Listing office Marcus & Millichap - Washington, D.C.

Listing date Jun 22, 2026

Source Crexi

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

All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Washington, D.C.

Report an issue

---

Overview

This offering is structured as an NNN ground lease retail investment with a stated initial rent level under $5 per square foot. The lease includes option periods with rare 10% increases in the option rents, and the rental rate is described as 50% of market rates in the provided materials. The property size is listed at 134,967 square feet, and the tenant has completed two previous contract renewals.

The property is located at 122 W Oak Ave in Lawnside, New Jersey, within the Philadelphia MSA, as described in the remarks. The provided market context references 292,070 residents within five miles and characterizes the tenant as an investment-grade retailer rated BBB+/Baa2.

For buyers seeking an NNN ground-leased retail structure, the combination of pass-through lease terms, two prior renewals, and defined option rent increases may be particularly relevant. The provided materials also frame the underwriting intent as mitigating shorter-term lease risk through the option structure and the stated rent positioning. This is a for-sale retail property positioned for investors evaluating long-term ground lease attributes and lease continuity factors.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

• Map
• Local Demand

City

Lawnside

County

Camden

State

New Jersey

Longitude

-75.039097

Latitude

39.8651907

FAQs

What type of property is this?

Retail space - NNN ground lease with option rent increases tied to a low initial rent level.

Where is this retail space located?

The property is located at 122 W Oak Ave Lawnside, NJ.

What is the asking price?

The asking price for this property is $10,856,074.

What are key features of this property?

This property features: NNN ground lease structure; Option rent increases are stated at 10%; Rental rate is stated as 50% of market rates