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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    235 Broadway, Pennsville, NJ 08070

    0.86 ac lot
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US59-2542950
    Property summary
    AI-generated overview

    Cranberry Plaza Shopping Center presents a compelling retail investment opportunity in Salem County. This established 150,000 square foot shopping center offers multiple tenancy options, with two spaces currently available. One space is a junior anchor opportunity, ideal for a larger tenant requiring significant square footage. The minimum divisible space is 4,000 square feet, while larger spaces up to 19,000 square feet are also available. Currently, 24,000 square feet of space is vacant, providing immediate potential for income generation. The property sits on a half-acre lot, offering convenient access and visibility. A significant boost to the center's appeal is the planned opening of a Wawa with gas station in late 2025, which is expected to drive increased foot traffic and enhance the overall shopping experience. This strategic location within Salem County provides access to a strong consumer base. The existing tenant mix offers a diverse range of retail options, creating a vibrant and attractive shopping destination. This is an exceptional opportunity for investors seeking a well-located, established retail property with significant upside potential. The available spaces offer flexibility for a variety of retail concepts, making this an attractive investment for both established businesses and new ventures. Contact us today to learn more about this exciting opportunity.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 0.86 ac (37,592 SF)
    Zoning code CM
    APN 09 03101-0000-00018- 02
    UPID US59-2542950
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Save A Lot Grocery & Convenience Store Food Market
    • Ranch Hope Salem County Thrift Mall Discount Store
    • AutoZone Auto Parts Auto Parts Store
    • ATM Atm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    South Jersey Shops 2019 LLC · 2 yrs held
    South Jersey Shops 2019 LLC
    since 2024
    1 recorded transaction
    2024
    Zoning & alternative use
    CM · Pennsville, NJ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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