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    114 Black Horse Pike Audubon, NJ 08106
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    114 Black Horse Pike, Audubon, NJ 08106

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    • Retail properties & Spaces
    • 22,355 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 114 Black Horse Pike

    Year built
    1961
    Property type
    Retail properties & Spaces

    Description

    This exceptional retail property, located at 114 E Black Horse Pike in Audubon, New Jersey (zip code 08106), offers 13,849 square feet of vacant space within a larger 22,355 square foot building. The property is classified as Class B and was originally constructed in 1961, undergoing renovations in 2005. The single-tenant building sits on a single lot in Camden County. The available space is divisible into units ranging from 3,200 to 11,500 square feet, presenting flexibility for various business types. Suitable uses include, but are not limited to, medical facilities (dialysis or plasma centers), childcare centers, doggie daycare, discount retail, furniture stores, tool and hardware retailers, and automotive-related businesses that do not directly compete with the existing tire and repair operations (examples include collision centers, auto glass repair, or auto parts stores that do not overlap with the existing tenant's offerings). Negotiable cash allowances are available for suitable tenants, contingent upon a rent structure that ensures a fair return on investment for property improvements. The existing tenant, Pep Boys, maintains a long-term ground lease on the property and will continue its tire and auto repair operations. The former parts sales area is currently vacant.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    City
    Audubon
    County
    Camden
    State
    New Jersey
    Longitude
    -75.0888
    Latitude
    39.8903
    More about this property
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