Property profile

7055 Central Hwy Pennsauken, NJ 08109

FOR LEASE
Commercial real estate
Property ID
US59-0444573
2.17 ac lot
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional industrial warehouse, located at 7055 Central Highway in Pennsauken Township, New Jersey, offers 30,688 square feet of versatile space, currently fully vacant and available for lease. Built in 1965 and extensively renovated in 2022, the property boasts a 13-foot ceiling height, providing ample room for storage and operations. The warehouse features multiple tenancy options, with a minimum divisible space of 2,396 square feet and a maximum contiguous space of 20,721 square feet, catering to a range of business needs. Convenient access is provided by two loading docks and four drive-in doors, ensuring efficient loading and unloading. The property sits on a 2.17-acre lot and includes 29 marked surface parking spaces for employees and visitors. This prime location in Camden County, New Jersey, zip code 08109, offers easy access to major transportation routes, making it an ideal choice for businesses seeking a strategic location in the region. The property is classified as Industrial, with a Warehouse and Distribution subtype. The building consists of a single suite. This is a rare opportunity to secure a well-maintained, recently renovated industrial space in a highly desirable location.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction BRICK
Lot 2.17 ac (94,699 SF)
APN 27 06302-0000-00006
UPID US59-0444573

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7055 Central Hwy Pennsauken, NJ 08109
Pennsauken metro Census 610600 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.25M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.19M

Owner & transaction history

since 2021
Last sale
$1.3M
2 recorded transactions
2021
$1.3M
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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