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    401 Oak Ave Lawnside, NJ 08045

    For Lease
    $20 SF/Yr ($16,666 /Mo)

    Prime NJ Retail/Medical Space Available

    Lot size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Class A, single-story retail center, located at 401 E Oak Ave, Lawnside, NJ 08045, offers 10,000 square feet of flexible space, divisible to a minimum of 1,500 square feet. The property boasts 110 parking spaces and features 16-foot ceilings, making it ideal for a variety of uses, including medical offices, restaurants, and retail establishments. Situated in the thriving Cherry Hill, Haddonfield, Lawnside submarket cluster within the Philadelphia metropolitan area, this center benefits from its strategic location just off I-295 (130,000 vehicles per day) and within walking distance of the PATCO Woodcrest train station, a key transportation hub. The surrounding area is experiencing significant growth, with over 500 new apartments and 1 million square feet of new commercial buildings under development. Major employers like UPS and New Jersey American Water are located in the adjacent business park. The property's location offers excellent accessibility and visibility, making it an attractive option for businesses seeking a high-traffic location. One building pad could be adapted for a drive-thru. A three-mile radius demographic analysis reveals a population of 103,000 with an average household income of $143,000 and 40,660 households. This presents a significant opportunity for businesses targeting a high-income demographic. The building is newly constructed. Five suites are available within the building.

    Property Features for 401 Oak Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,000 SF
    Class
    A
    Total Rate
    16666.67

    Building Details

    Year Built
    24
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    10,000 SF
    Rate per SF
    $25

    HighLights

    • 10,000 SF Class A retail center, divisible to 1,500 SF minimum, located at 401 E Oak Ave, Lawnside, NJ 08045.
    • 110 parking spaces and 16‑foot ceilings; suitable for medical, restaurant, and retail uses.
    • Excellent location near I‑295 and PATCO Woodcrest train station, in a high‑growth area with major employers nearby.
    • One drive‑thru adaptable building pad; 3‑mile radius boasts 103,000 population, 40,660 households, and $143,000 average household income.
    • New construction with attractive curb appeal, high ceilings, mixed materials, landscaping, and EV charging.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawnside
    County
    Camden
    State
    New Jersey
    Longitude
    -75.0203844
    Latitude
    39.8688964

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    FAQs

    What type of property is this?
    Restaurant - Prime NJ Retail/Medical Space Available
    Where is this restaurant located?
    The property is located at 401 Oak Ave Lawnside, NJ.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: 10,000 SF Class A retail center, divisible to 1,500 SF minimum, located at 401 E Oak Ave, Lawnside, NJ 08045.; 110 parking spaces and 16-foot ceilings; suitable for medical, restaurant, and retail uses.; Excellent location near I-295 and PATCO Woodcrest train station, in a high-growth area with major employers nearby.
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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
    401 Oak Ave Lawnside, NJ 08045
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