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136 Harding Ave Bellmawr, NJ 08031

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For Sale
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Net-leased Curaleaf distribution center.

Property size:
42,119 SF

Property Features for 136 Harding Ave

General Information

Property type
Manufacturing properties
Square Feet
42,119 SF
Lot Size
65,340 SF

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Listing Contact
Alexander Machado
Alexander Machado

Listing Agency: Matthews Real Estate Investment Services | Fort Lauderdale Listing Agent: Alexander Machado

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional investment opportunity presents a fee-simple, 42,119 square foot industrial distribution facility located in Bellmawr, New Jersey. The property, situated on 1.5 acres at 136 Harding Ave and 111 Coolidge Ave, is currently 100% occupied by Curaleaf, a major national operator, under an absolute NNN lease with a corporate guarantee. The lease commenced August 29, 2019, with a 10-year initial term and two 5-year renewal options, providing a remaining lease term of approximately 4.8 years. The current annual net operating income (NOI) is $1,521,550, representing a 9.75% cap rate on the asking price of $15,605,648. The property boasts a price per square foot of $370.51. Rent increases are structured at 3% annually, offering inflation protection. The building has undergone renovations in 2014, 2016, and 2017. This is a passive investment opportunity with zero landlord responsibilities, making it ideal for investors seeking a secure, high-yield asset backed by a strong national tenant. This property is part of a larger portfolio of five Curaleaf properties, offering the potential for a larger-scale investment. The master leases for the entire portfolio include a provision where renewal options are exercised simultaneously across all properties.
Property Profile Location Intelligence

Current Use by Public Records

Manufacturing properties

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Bellmawr
County
Camden
State
New Jersey
Longitude
-75.1024041
Latitude
39.8640895

FAQs

What type of property is this?
Manufacturing property - Net-leased Curaleaf distribution center.
Where is this manufacturing property located?
The property is located at 136 Harding Ave Bellmawr, NJ.
What is the asking price?
The asking price for this property is $15,605,648.
What are key features of this property?
This property features: $15,605,648 asking price for a 42,119 SF industrial property in Bellmawr, NJ.; Net lease with an absolute NNN structure and corporate guarantee from Curaleaf.; 10-year lease (4.8 years remaining) with 3% annual rent bumps and 2 x 5-year renewal options.
(305) 359-5207 Call to check price and availability
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