22 Broad St, Woodbury, NJ 08096-4603
This exceptional two-story, 8,089-square-foot freestanding retail building is located at 22 N. Broad St, Woodbury, NJ 08096. Built in 1971, the property sits on a 0.567-acre lot (24,640 sq ft) and offers 22 parking spaces. The building features a brick exterior, a basement, one elevator, a walk-in vault, and three drive-thru lanes. Zoned C-1, it allows for diverse commercial and retail uses. The property boasts high visibility due to its corner location with frontage on N. Broad Street (SR-45) and Newton Avenue, offering two points of ingress/egress. Conveniently located within the Philadelphia MSA in Gloucester County, NJ, it's 20 minutes from Philadelphia, 25 minutes from Philadelphia International Airport, and 50 minutes from Atlantic City International Airport. The property benefits from proximity to major highways (I-295 is 5 minutes away), national retailers (CVS, McDonald's, ALDI, Wawa), and significant community anchors including the Gloucester County Courts and Offices, Woodbury Junior and High School, and Inspira Woodbury Hospital (half a mile away). The surrounding area has a strong demographic profile, with approximately 66,864 people within a 3-mile radius and a median household income of $85,535. The property is served by Public Service Electric & Gas Co. Landlord may consider contributing to tenant improvements. The building's floor area ratio is 0.74. The property's address is easily accessible and visible. The building has a single tenant occupancy.
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
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Property description
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Risks
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