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    7027 Nj-38 Pennsauken Township, NJ 08109

    Sponsored
    For Sale
    Contact for pricing

    8,000 SF NNN Retail Space in Pennsauken

    Property size:
    8,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8,000-square-foot retail property, located at 7027 Route 38 in Pennsauken Township, New Jersey, presents a compelling investment opportunity. Situated on a 2.26-acre lot, this building offers high visibility and convenient access to Route 70 and Philadelphia, ensuring significant foot traffic and accessibility for customers. The property is zoned C-2, allowing for a variety of retail and professional uses, providing flexibility for potential tenants. The lease type is NNN (Net, Net, Net), meaning the tenant is responsible for property taxes, insurance, and maintenance, minimizing the landlord's operational responsibilities. The building's substantial size provides ample space for a wide range of retail businesses, making it an attractive option for both established companies and new ventures. Its strategic location in Camden County, New Jersey, with a zip code of 08109, places it within easy reach of a large consumer base. The property's high visibility and convenient access to major roadways make it an ideal location for businesses seeking maximum exposure and accessibility. This is a rare opportunity to acquire a well-located, sizable retail space in a thriving market. The property is being offered for sale. The latitude and longitude coordinates are 39.9343185 and -75.0762945 respectively.

    Property Features for 7027 Nj-38

    General Information

    Property type
    Retail properties
    Square Feet
    8,000 SF
    Lot Size
    98,446 SF

    HighLights

    • High‑traffic location with excellent visibility.
    • Convenient access to Route 70 and Philadelphia.
    • C‑2 zoning allows for retail and professional uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Pennsauken Township
    County
    Camden
    State
    New Jersey
    Longitude
    -75.0762945
    Latitude
    39.9343185

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    FAQs

    What type of property is this?
    Retail property - 8,000 SF NNN Retail Space in Pennsauken
    Where is this retail property located?
    The property is located at 7027 Nj-38 Pennsauken Township, NJ.
    What are key features of this property?
    This property features: High-traffic location with excellent visibility.; Convenient access to Route 70 and Philadelphia.; C-2 zoning allows for retail and professional uses.
    (908) 668-9600
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    7027 Nj-38 Pennsauken Township, NJ 08109
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    Pennsauken Township, NJ 08109
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7027 Nj-38 Pennsauken Township, NJ 08109
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