18 Broadway St Pemberton Township, NJ 08015
Pine Grove Plaza presents a compelling retail investment opportunity in Burlington County. This 86,089 square foot, multi-tenant center is shadow-anchored by an ACME grocery store, ensuring consistent high foot traffic. Two spaces are currently available, ranging from 2,800 to 8,000 square feet, providing flexibility for various retail concepts. The property boasts a diverse tenant mix, including popular national brands like McDonald's, AutoZone, and Dollar Tree, creating a synergistic shopping environment. Its strategic location near McGuire Air Force Base, employing nearly 7,700 people, guarantees a substantial and stable customer base. The center's convenient location within Brown Mills makes it the most accessible grocery option for local residents, resulting in a high visit frequency of 6.26. Further enhancing the property's appeal is the potential for an additional pad site within the existing parking area. This thriving retail center offers a unique opportunity to capitalize on a strong existing customer base and a prime location in a densely populated area. The diverse range of existing tenants, from hair and nail salons to fast food, automotive services, and health and fitness businesses, creates a well-rounded shopping destination.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.