3 Broad St Greenwich Township, NJ 08027
This ±9,504 square foot freestanding retail building, formerly a Rite Aid, is situated on a 1.23-acre lot in the heart of Paulsboro, New Jersey. The property boasts a recent renovation, high ceilings, and ample off-street parking. Its prime location on East Broad Street (State Route 44) offers exceptional visibility and accessibility, situated at a hard corner traffic light. The building benefits from a prominent pylon sign and facade signage visible from two roads, ensuring high brand recognition. Easy access to I-295 provides convenient access for customers and employees. The property is a fee-simple ownership and presents a unique opportunity for a variety of retail uses, including grocery, pharmacy, or restaurant concepts. The building features one story and is located in the Paulsboro Business District, offering a strong customer base. This vacant space is ready for immediate occupancy and customization to suit a new tenant's needs. The property's size, location, and recent renovation make it an attractive investment opportunity in a thriving New Jersey community. The Gloucester County location provides access to a large population base. The building's single-unit layout offers efficiency and ease of management.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.