Nj-42 Gloucester Township, NJ 08012
- Retail properties
- 4,500 SF
- 1.53 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Nj-42
- Lot size
- 1.53 lot acres
- Property size
- 4,500 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional 4,500 square foot storefront retail property, located at 5301 Route 42 in Gloucester Township, New Jersey (zip code 08012), presents a compelling investment opportunity. Currently leased, the property boasts a below-market rent with two years remaining on the existing lease, expiring June 2, 2026. The asking price is $550,000, translating to $122.22 per square foot. Situated on a generous 1.53-acre lot, this property offers significant potential for future development or expansion. Its convenient location provides easy access to a high volume of traffic, further enhanced by its proximity—just 1.5 miles—to the Atlantic City Expressway. The property also includes a valuable 8-foot loading dock at the rear, ideal for efficient loading and unloading of goods. This combination of below-market rent, a sizable lot, prime location, and convenient loading dock makes this storefront a rare find in the competitive Gloucester Township market. The property is zoned for retail use.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gloucester Township
- County
- Gloucester
- State
- New Jersey
- Longitude
- -75.0486
- Latitude
- 39.7852
