300 S Black Horse Pike Bellmawr, NJ 08031
Property profile & analytics
300 S Black Horse Pike, Bellmawr, NJ 08031
- Commercial real estate
- 0.52 lot acres
Property ID
US59-0612150
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 300 S Black Horse Pike
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.52 lot acres
- Property type
- Commercial real estate
- APN
- 04 00147-0000-00001
- APU
- 400147000000001
Description
This exceptional investment opportunity features a 3,000 square foot Wendy's restaurant located at 300 S Black Horse Pike, Bellmawr, NJ 08031. The property is situated on a 0.86-acre lot with 35 parking spaces and benefits from a high-traffic location at the intersection of Black Horse Pike and Benigno Boulevard, with over 23,000 vehicles passing daily. The property is a single-tenant, Class A, absolute NNN net lease with a strong, creditworthy tenant, Wendy's, operated by Flynn Group, the world's largest Wendy's franchisee. The current lease has 10 years remaining (commencing November 30, 2019, and expiring November 29, 2034), with 1.75% annual rent bumps. The asking price is $3,242,740, representing a 5.00% cap rate and a price per square foot of $1,080.91. The property boasts a strong NOI of $162,137. Built in 2015, this single-story building is part of a thriving commercial area, conveniently located near Philadelphia International Airport and the New Jersey Turnpike Bellmawr Toll Plaza, and within walking distance of six hotels with over 300 rooms. The property is also positioned at the entrance to Interstate Business Park, a 250-acre complex with over 2.85 million square feet of warehouse, distribution, and office space, occupied by major tenants including Amazon, FedEx, and USPS. The lease includes eight, five-year options. This is a fee-simple ownership opportunity offering significant long-term value and passive income potential.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,695,000
- ML approach
- $2,615,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Bellmawr
- County
- Camden
- State
- New Jersey
- Longitude
- -75.0786
- Latitude
- 39.8635
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$27,644
$299,800
$423,100
$722,900
-
$299,800
$423,100
$722,900
