208 Philadelphia Ave Egg Harbor City, NJ 08215-1331
This exceptional 4,500 square foot retail space is available for lease at 208 Philadelphia Avenue in Egg Harbor City, New Jersey. Located in Atlantic County, this single-tenant property presents a fantastic opportunity for businesses seeking a prominent location. The building's entire 4,500 square feet is currently vacant, offering a blank canvas for a new tenant to customize the space to their exact specifications. The property is zoned R-C, allowing for a variety of commercial uses, subject to municipal approvals. Its convenient location in Egg Harbor City provides excellent visibility and accessibility for customers. The property's address is 208 Philadelphia Avenue, Egg Harbor City, NJ 08215. This is an ideal space for a business looking to establish a strong presence in a thriving community. The property is ready for immediate occupancy, allowing for a quick and efficient start to operations. Interested parties are encouraged to inquire further to explore the possibilities this prime retail location offers. The property's size and zoning make it suitable for a wide range of retail businesses. This is a rare opportunity to secure a substantial retail space in a desirable location. The property's location offers easy access to major roadways and ample parking, ensuring convenient access for both employees and customers.
Class 5 cannabis retailer license for locations at which cannabis items and related supplies are sold to consumers, shall be a conditional use in the Retail Commercial (RC) zone and the Highway Commercial (HC) zone. Only one establishment is permitted in the RC zone and one establishment in the HC zone. (f) Class 6 cannabis delivery license, for businesses p…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
R-C · Egg Harbor City, NJClass 5 cannabis retailer license for locations at which cannabis items and related supplies are sold to consumers, shall be a conditional use in the Retail Commercial (RC) zone and the Highway Commercial (HC) zone. Only one establishment is permitted in the RC zone and one establishment in the HC zone. (f) Class 6 cannabis delivery license, for businesses providing courier services for consumer purchases that are fulfilled by a licensed cannabis retailer in order to make deliveries of the purchased items to a consumer, and which service would include the ability of a consumer to make a purchase directly through the cannabis delivery service which would be presented by the delivery service for fulfillment by a retailer and then delivered to a consumer, shall be a conditional use in the Industrial (IND) zone and Industrial Business Park (IBP) zone. (4) Conditional use. (a) Odor. A cannabis establishment shall have the equipment to mitigate cannabis-related odor. The building shall be equipped with a ventilation system with carbon filters sufficient in type and capacity to eliminate cannabis odors emanating from the interior of the premises. The carbon filters are required to be replaced regularly for the best effectiveness to mitigate odor. The City reserves the right to inspect all licensed properties for compliance. (b) Noise. Outside generators and other mechanical equipment used for any kind of power supply, cooling, or ventilation shall be enclosed and have appropriate baffles, mufflers, and/or other noise reduction systems to mitigate noise pollution. The City reserves the right to inspect all licensed properties for compliance. (c) Security. All cannabis establishments shall be secured in accordance with State of New Jersey statutes and regulations and shall have around-the-clock video surveillance system, 365 days a year. Licensees are encouraged to coordinate their video surveillance system with the City Police Department. (d) Compliance with all applicable chapters of the City code. (e) All cannabis establishments shall demonstrate that conditions and safeguards are provided to mitigate any detrimental impacts to the public health, safety or general welfare of nearby residential uses. (f) The parking, signage, bulk, coverage, and design regulations and standards of the zone in which the subject property is located shall apply. There shall be no obvious cannabis reference in language pertaining to signage.
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.
