Leased Corner Retail
For Sale
$599,900
198 S ROUTE 73, Berlin, NJ 08009
Commercial Sale, BERLIN, NJ
Property SizeContact for details
Days on Market451
Property Features for 198 S ROUTE 73
General Information
Property type
Other
Property subtype
Retail
Parking
11
Parking features
Parking Lot
Elementary school district
EASTERN CAMDEN COUNTY REG SCHOOLS
Middle school district
EASTERN CAMDEN COUNTY REG SCHOOLS
High school district
EASTERN CAMDEN COUNTY REG SCHOOLS
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
13342
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1961
Building materials
Vinyl Siding
Listing Agency:
Century 21 Reilly Realtors · Century 21 Real Estate
(856) 767-1776
Listed By:
Charles A Maimone Sr. · License #7816854
(856) 767-1776
Added: May 28, 2025
Changed: Aug 19
Last Checked: Aug 21 at 10:06AM
MLS# NJCD2093864
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale retail storefront is positioned on a corner at a signalized intersection, designed for high street-level visibility. The property is currently leased to Enterprise, creating immediate occupancy. The listing information also references an escrow structure tied to tenant relocation risk in the event of vacancy.
The asset sits at 198 S Route 73 in Berlin, NJ, at the intersection of Route 73 and Taunton Avenue. The marketing materials state the corridor supports approximately 35,000 vehicles passing daily, supporting ongoing exposure for retail and related uses along this heavily traveled route.
For buyers looking for an income-producing retail asset, the existing Enterprise lease provides a straightforward occupancy profile. The escrow terms described in the offering documents indicate the seller will escrow one year of rent at settlement, intended to cover the period if the tenant vacates, for a referenced total protection period of 18 months. Prospective purchasers should review the documents section for the specific terms and conditions tied to the escrow.
The asset sits at 198 S Route 73 in Berlin, NJ, at the intersection of Route 73 and Taunton Avenue. The marketing materials state the corridor supports approximately 35,000 vehicles passing daily, supporting ongoing exposure for retail and related uses along this heavily traveled route.
For buyers looking for an income-producing retail asset, the existing Enterprise lease provides a straightforward occupancy profile. The escrow terms described in the offering documents indicate the seller will escrow one year of rent at settlement, intended to cover the period if the tenant vacates, for a referenced total protection period of 18 months. Prospective purchasers should review the documents section for the specific terms and conditions tied to the escrow.
Key Highlights
- Corner property at the signalized intersection of Route 73 and Taunton Avenue
- Currently leased to Enterprise, providing immediate income
- Approximately 35,000 vehicles pass daily, according to the provided remarks
Property Analytics
Property Profile
Current Use
Lease Details
35,000 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
613
Businesses Nearby
98k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 75%
Dining 25%
Wawa
Shops & Services
44,444 visits/mo
0.3 miles
McDonald's
Dining
16,290 visits/mo
0.5 miles
Royal Farms
Shops & Services
12,934 visits/mo
0.4 miles
TD Bank
Shops & Services
8,485 visits/mo
0.5 miles
Dunkin' Donuts
Dining
5,268 visits/mo
0.5 miles
Demographics for 08009, NJ
13,885
Population
5,764
Households
2.4
Avg Household Size
43
Median Age
31%
College-Educated
94%
High-School Grad
16.5 sq mi
ZIP Area
842
Density / Sq Mi
$101,964
Median Household Income
$52,767
Median Earnings
$1,392
Median Rent
$291,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Berlin's Addie Rose Floral — 37 Clementon Rd, Berlin, NJ 08009
- C & J Florist — 400 NJ-73, Berlin, NJ 08009
Frequently Asked Questions
What type of property is this?
Storefront property - Corner storefront leased to Enterprise at a signalized intersection with substantial daily traffic for strong retail exposure.
Where is this storefront property located?
The property is located at 198 S ROUTE 73 Berlin, NJ.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Corner property at the signalized intersection of Route 73 and Taunton Avenue; Currently leased to Enterprise, providing immediate income; Approximately 35,000 vehicles pass daily, according to the provided remarks
