Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Retail Location in Evesham Title is generated by Realmo AI

    State Highway 70 at the intersection of N Locust Avenue Evesham, Marlton, NJ 08053

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Exceptional retail opportunity with high visibility and access.

    Type:Retail
    Added:
    Nov 21, 2025
    Days on Market:
    182
    Last Refresh:
    Apr 5 at 11:44 pm

    Property Features for State Highway 70 at the intersection of N Locust Avenue Evesham

    General Information

    Standard status
    Active
    Property subtype
    Retail

    We can help!

    Listing Contact
    Bradley Schwartz

    Listing agent Bradley Schwartz

    Listing office

    Listing date Nov 21, 2025

    Source Rdmanagement

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

    All listing content including descriptions, pricing, images are the copyrighted material of Bradley Schwartz

    HighLights

    • Prime location at the intersection of State Highway 70 and N Locust Avenue.
    • High visibility and easy access for customers.
    • Ample parking available.
    • Expansive storefront provides ample display space.
    • Located in a high‑traffic area.
    • Proximity to Promenade at Sagemore, Bonefish Grill, and Redstone American Grill.

    Overview

    Located at the intersection of State Highway 70 and N Locust Avenue in Evesham (Marlton), NJ, this property offers a premier leasing opportunity. It is an ideal location for retail or strip center tenants, boasting prime visibility and access. The expansive storefront provides ample display space, while the modern design and ample parking ensure convenience for both customers and tenants. The property's strategic placement in a high-traffic area offers a lucrative opportunity for businesses to thrive in a dynamic commercial environment. The Shoppes at Renaissance Square is your gateway to a bustling community. This prime retail destination is surrounded by a wealth of attractions, including nearby landmarks such as Promenade at Sagemore, offering an upscale shopping experience, and popular dining spots like Bonefish Grill and Redstone American Grill. The area provides an ideal setting for retailers seeking a dynamic and thriving market, with a strong residential and commercial presence.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Map

    City
    Marlton
    County
    Camden
    State
    New Jersey
    Longitude
    -75.0448
    Latitude
    39.9082

    Nearby Similar for Lease

    • $5 SF/Yr
      700 SF

      Marlton Shared Office Space

      Renovated private offices available for immediate occupancy in Marlton, NJ.
      750 ROUTE 73 S, MARLTON, NJ 08053
      View Details
    • $14 SF/Yr
      1,600 SF

      Marlton Office Space Available

      Office space in Marlton with private offices and conference room.
      540 Lippincott Drive Building F, Marlton, NJ 08053
      View Details
    • $1,500/Mo
      1,200 SF

      Historic Commercial Space on Main

      Versatile commercial space in the heart of Downtown Marlton.
      25 E Main St, Marlton, NJ, 08053-2170
      View Details
    • Contact for pricing
      14,764 SF

      Office Space with Solar Panels

      Office property featuring newly installed solar panels and high-end finishes.
      301 Lippincott Dr, Marlton, NJ 08053
      View Details
    • Contact for pricing
      30,000 SF

      Medical Arts Building Space Available

      Newly constructed medical building with spaces for rent.
      95 Marlton Pike West, Marlton, NJ 08053
      View Details
    • Contact for pricing
      53,000 SF

      Marlton Office Sublease Opportunity

      53,000 SF office space available for sublease in Marlton.
      402 Lippincott Dr, Marlton, NJ 08053
      View Details
    • Contact for pricing
      65,056 SF

      Marlton Flex Suite For Lease

      Flex suite available in Marlton's Greentree North Corporate Center.
      3000 Lincoln Drive E, Marlton, NJ 08053
      View Details
    • Contact for pricing
      10,700 SF

      Office Condo Units Available

      Office condo units for rent on Route 70.
      767 Route 70 East, Building B, Marlton, NJ 08053
      View Details
    • Contact for pricing
      5,272 SF

      Retail Space in Marlton Center

      Retail space available in shopping center with national retailers.
      101-201 Rte 73 S, Marlton, NJ
      View Details
    • Contact for pricing
      900 SF

      Retail Space in Marlton Center

      Retail space available in shopping center with national retailers.
      201-245 Route 73 S, Marlton, NJ
      View Details
    • Contact for pricing

      Commercial Space Available For Rent

      Commercial space available for rent.
      1002-2003 Lincoln Drive West, Marlton, NJ 08053
      View Details
    • Contact for pricing
      26,500 SF

      Spacious Furnished Office Ready

      Sublease opportunity: 26,500 SF modern, furnished office space.
      Evesham, NJ 08053
      View Details

    FAQs

    What type of property is this?
    Strip mall - Exceptional retail opportunity with high visibility and access.
    Where is this strip mall located?
    The property is located at State Highway 70 at the intersection of N Locust Avenue Evesham Marlton, NJ.
    What are key features of this property?
    This property features: Prime location at the intersection of State Highway 70 and N Locust Avenue.; High visibility and easy access for customers.; Ample parking available.
    (212) 265-6600
    We can help!
    Listing Contact
    Bradley Schwartz
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    State Highway 70 at the intersection of N Locust Avenue, Evesham (Marlton), NJ 08053
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!