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Property profile & analytics
OFF-MARKET
Office Spaces

26 Center St Merchantville, NJ 08109

Built 1950
Property ID
Property summary
AI-generated overview

This exceptional 2,000 square foot retail space at 26-28 S Centre Street (also known as 1 W Park) in Merchantville, NJ, presents a rare opportunity. Located at the high-traffic intersection of Centre Street and Park Avenue, this iconic building sits amongst thriving businesses including restaurants and cafes. The space, currently a blank canvas, boasts approximately 30' x 55' dimensions with 12-foot ceilings and abundant natural light from nine large windows. Two enclosed spaces are easily removable to suit tenant needs. The property includes 1,800 square feet of private basement storage, rear egress, private dumpster access, and a modern forced-air heating and cooling system. A private bathroom is conveniently located at the rear. This prime location is poised to benefit significantly from an ongoing redevelopment project between Chestnut and Park Avenues, creating a pedestrian-friendly community space with green landscaping, walking paths, and gathering areas. This will undoubtedly increase foot traffic and enhance the area's appeal. The lease is $14.95 per square foot NNN ($2,500/month) for the second-floor, suite B. This is a truly exceptional opportunity to establish your business in a vibrant and rapidly improving area.

Property profile
Verified
Property type Office Spaces
Year built 1950
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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