Listing Agency: KingsGate Realty LLC t***@gmail.com Show Phone

Listed By: TammyLee Kennedy · License #0900583 Show Phone

Source: Exprealty

Added: Jul 15, 2024 Changed: Aug 27 Last Checked: Aug 30 at 7:01PM

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Investment Insights

Based on property information with market context.

This upgraded first-floor space is suitable for retail or professional use. It features wall-to-wall carpeting, a powder room, and air conditioning. The location offers convenient access to transportation, shopping, and major highways. It is also near the Walt Whitman and Ben Franklin Bridges. The tenant is responsible for electricity and a share of the quarterly CCMUA sewer bill. The landlord covers the costs of heat and water.

Key Highlights

• Upgraded 1st floor retail or professional space.
• Close proximity to transportation, shopping, and main highways.
• Conveniently located near the Walt Whitman & Ben Franklin Bridges.

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Daycare Center Plumbing Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

435

Businesses Nearby

293k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Superstores 27% Apparel 22% Dining 21% Shops & Services 13%

Walmart Superstores

80,082 visits/mo 0.4 miles

ACME Markets Groceries

36,105 visits/mo 0.2 miles

Marshalls Apparel

35,031 visits/mo 0.4 miles

Chick-fil-A Dining

33,873 visits/mo 0.3 miles

Five Below Shops & Services

27,154 visits/mo 0.4 miles

Demographics for 08059, NJ

5,639

Population

2,408

Households

2.3

Avg Household Size

41

Median Age

24%

College-Educated

94%

High-School Grad

1.2 sq mi

ZIP Area

4,699

Density / Sq Mi

$95,635

Median Household Income

$55,574

Median Earnings

$1,458

Median Rent

$231,100

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - First floor retail/professional space with modern amenities and convenient location.

Where is this retail space located?

The property is located at 9 Nicholson Rd Mount Ephraim, NJ.

What is the lease rate?

The lease rate is $650/Mo.

What are key features of this property?

This property features: Upgraded 1st floor retail or professional space.; Close proximity to transportation, shopping, and main highways.; Conveniently located near the Walt Whitman & Ben Franklin Bridges.