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Net-Leased Dialysis Center Investment
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7024 Kaighns Avenue, Merchantville, NJ 08109

Dialysis center building with an in-place corporate lease and additional triple-net billboard income through August 2034.

Property Size12,000 SF
Lot Size1.32 Acres
Days on Market121

Property Features for 7024 Kaighns Avenue

General Information

Standard status Active
Size 12,000 SF
Lot size 1.32 Acres
Property subtype Retail

Building Details

Tenancy Multi
Listing Agency: Horvath & Tremblay
Listed By: Rob DiFranco · License #9559859
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 20 at 5:37PM

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 Horvath & Tremblay

Investment Insights

Based on property information with market context.

Horvath & Tremblay presents an exclusive opportunity to acquire a DaVita dialysis center investment property. The 12,000-square-foot building sits on a 1.32-acre parcel and has been occupied by DaVita since 2007. The corporate lease includes two, 5-year renewal options, with approximately three years remaining on the current term.

The property is located at 7024 Kaighns Avenue on NJ Route 38 in Pennsauken, New Jersey, within the Cherry Hill submarket of Philadelphia, between the interchanges of Routes 130, 30 and 70.

In addition to the medical facility lease, the property includes income from a Clear Channel billboard that is triple-net leased through August 2034.

Key Highlights

  • DaVita dialysis center at 7024 Kaighns Avenue (NJ Route 38) in Pennsauken, NJ
  • 12,000 SF building on a 1.32‑acre parcel
  • DaVita in occupancy since 2007 with 3 years remaining on the corporate lease and two 5‑year renewal options

Property Analytics

Current Use

Medical centers

Suggested Use

Top Pick Parking Lot & Garage Dental Office Real Estate Agency Auto Parts Store Cafe & Coffee Shop Electrical Service

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

702
Businesses Nearby

Demographics for 08109, NJ

23,306
Population
9,314
Households
2.5
Avg Household Size
41
Median Age
27%
College-Educated
86%
High-School Grad
4.8 sq mi
ZIP Area
4,855
Density / Sq Mi
$84,332
Median Household Income
$44,288
Median Earnings
$1,142
Median Rent
$227,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical center - Dialysis center building with an in-place corporate lease and additional triple-net billboard income through August 2034.
Where is this medical center located?
The property is located at 7024 Kaighns Avenue Merchantville, NJ.
What are key features of this property?
This property features: DaVita dialysis center at 7024 Kaighns Avenue (NJ Route 38) in Pennsauken, NJ; 12,000 SF building on a 1.32‑acre parcel; DaVita in occupancy since 2007 with 3 years remaining on the corporate lease and two 5‑year renewal options
More about this property
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