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    Rte 38 & Nixon Dr Moorestown, NJ 08057

    Sponsored
    For Lease
    Contact for pricing

    Moorestown, NJ Power Center Opportunity

    Lot size:
    1,066,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    East Gate Square, a prominent power center in Moorestown, New Jersey, presents a compelling investment opportunity. Located at the high-traffic intersection of Route 38 and Nixon Drive, this 1,066,000 square foot shopping center offers exceptional visibility and accessibility. The property boasts a total of 13 suites, with 7 currently available for lease, ranging from a minimum of 2,818 square feet to a maximum contiguous space of 30,096 square feet. This flexibility caters to a wide range of retail tenants, from smaller boutiques to larger flagship stores. Currently, there are 113,375 square feet of vacant space available, providing significant potential for growth and expansion. Situated in Burlington County, this prime location benefits from a strong local economy and high consumer traffic. The property's size and configuration make it ideal for a variety of retail uses, offering a unique chance to establish a strong presence in a thriving market. The address is Route 38 & Nixon Drive, Moorestown, NJ 08057. This is a rare opportunity to secure space in a well-established and highly visible retail center.

    Property Features for 0 Rte 38 & Nixon Dr

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,066,000 SF

    Unit(s) available at that property

    Space
    Available 1 Phase-1
    Size
    26,000 SF
    Space
    Available 3 Phase-1
    Size
    10,000 SF
    Space
    Available 4 Phase 1
    Size
    30,096 SF
    Space
    Available 2 Phase 6
    Size
    2,818 SF
    Space
    Available Phase 2
    Size
    4,368 SF
    Space
    Available 2 Phase-1
    Size
    4,400 SF
    Space
    Available 7 Phase-6
    Size
    4,660 SF

    HighLights

    • Philadelphia metro area's largest open‑air shopping center.
    • 160,402 households within a 15‑minute drive.
    • Over 70 national and regional retailers and restaurants.
    • Approximately 771,856 square feet of retail space.
    • Strategically located at the intersection of Routes 73 & 38 and I‑295.
    • Direct I‑295 access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Moorestown
    County
    Burlington
    State
    New Jersey
    Longitude
    -74.961124
    Latitude
    39.9471897

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    FAQs

    What type of property is this?
    Lifestyle center - Moorestown, NJ Power Center Opportunity
    Where is this lifestyle center located?
    The property is located at Rte 38 & Nixon Dr Moorestown, NJ.
    What are key features of this property?
    This property features: Philadelphia metro area's largest open-air shopping center.; 160,402 households within a 15-minute drive.; Over 70 national and regional retailers and restaurants.
    Request Owner's contact information
    Rte 38 & Nixon Dr Moorestown, NJ 08057
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    Moorestown, NJ 08057
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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
    Rte 38 & Nixon Dr Moorestown, NJ 08057
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