1765-75 Deptford Center Rd Deptford, NJ 08096
- Retail properties
- 100,105 SF
Current Use by Public Records
- Retail properties
Property Details for 1765-75 Deptford Center Rd
- Property size
- 100,105 SF
- Property type
- Retail properties
Description
This exceptional 100,105-square-foot vacant retail property, located at 1765-75 Deptford Center Rd, Deptford, NJ 08096, presents a significant value-add opportunity. Situated on a 14.14-acre site in Gloucester County, this property benefits from a highly desirable in-fill location within the Philadelphia MSA, just nine miles from Center City. Previously occupied by several large retailers, the space is now entirely vacant, offering a blank canvas for redevelopment or lease-up. Built approximately ten years ago, the property enjoys excellent visibility and accessibility, with convenient access to major roadways including Routes 42, 55, I-95, and I-295. The strong demographic profile of the area is a key advantage, boasting a population of 224,469 and an average household income of $115,915 within a five-mile radius. The property is zoned BC-2, providing flexibility for various retail uses. This presents a rare chance to acquire a substantial retail space in a densely populated, high-traffic area with significant potential for future growth and return on investment. The property's strategic location and size make it an ideal investment for developers and retail operators seeking a prominent presence in the thriving Philadelphia market. The previous tenants included Bed Bath & Beyond, Buy Buy Baby, Christmas Tree Shops, and Harmon Face Value. The seller acquired the property in December 2019 as part of a sale-leaseback transaction.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Deptford
- County
- Gloucester
- State
- New Jersey
- Longitude
- -75.0971
- Latitude
- 39.8274
