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    5151 Nj-42 Washington Township, NJ 08012

    For Lease
    $22 SF/Yr ($12,833 /Mo)

    New Construction Retail Space in Washington Township, NJ

    Lot size:
    7,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail opportunity presents a newly constructed, 2,550 square foot end-cap space within the expanding Priscilla Towne Center in Washington Township, New Jersey. Located at 5151 NJ-42, near Ganttown Road, this single-story building boasts a total of 7,000 square feet, divided into four suites. Built and renovated in 2020, the space is zoned HC and offers excellent access and visibility. A key feature is the inclusion of convertible windows on two sides, ideal for businesses requiring open-air elements, such as restaurants. The property benefits from new pylon signage, enhancing its prominence. The space is part of a larger development, offering the potential for synergy with neighboring businesses. Situated in Gloucester County, this location provides easy access to major roadways and a thriving community. Furthermore, the possibility of obtaining a liquor license within Washington Township adds significant value to this already attractive offering. The minimum divisible space is 2,550 square feet, with a maximum contiguous space of 2,550 square feet. This presents a unique chance to establish a thriving business in a prime retail location. The zip code is 08012.

    Property Features for 5151 Nj-42

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,000 SF
    Total Rate
    12833.33

    Building Details

    Year Built/Renovated
    2020/2020
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    2,550 SF
    Rate per SF
    $22

    HighLights

    • 2,550 SF end‑cap retail space in newly constructed Priscilla Towne Center, Washington Township, NJ.
    • Located at 5151 NJ‑42, near Ganttown Road, Gloucester County.
    • Single‑story building (7,000 SF total), built/renovated in 2020, HC zoning.
    • Convertible windows on two sides, new pylon signage, excellent visibility and access.
    • Liquor license possibility, minimum/maximum divisible space 2,550 SF, zip code 08012.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Washington Township
    County
    Gloucester
    State
    New Jersey
    Longitude
    -75.046162581329
    Latitude
    39.751717391123

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    FAQs

    What type of property is this?
    Retail property - New Construction Retail Space in Washington Township, NJ
    Where is this retail property located?
    The property is located at 5151 Nj-42 Washington Township, NJ.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: 2,550 SF end-cap retail space in newly constructed Priscilla Towne Center, Washington Township, NJ.; Located at 5151 NJ-42, near Ganttown Road, Gloucester County.; Single-story building (7,000 SF total), built/renovated in 2020, HC zoning.
    Request Owner's contact information
    5151 Nj-42 Washington Township, NJ 08012
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    Washington Township, NJ 08012
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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
    5151 Nj-42 Washington Township, NJ 08012
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