640 Creek Rd Bellmawr, NJ 08031
Property profile & analytics
640 Creek Rd, Bellmawr, NJ 08031
- Commercial real estate
- 0.61 lot acres
Property ID
US59-2077733
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 640 Creek Rd
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.61 lot acres
- Property type
- Commercial real estate
- APN
- 04 00059-0000-00002
- APU
- 400059000000002
Description
This exceptional investment opportunity presents a fee-simple, 13,005-square-foot retail pharmacy in Bellmawr, New Jersey. Located at 640 Creek Rd, 08031, this property boasts a strong 7.22% cap rate and a substantial net operating income (NOI) of $203,384. The property is currently 100% occupied under a 10-year absolute NNN lease with Curaleaf, a major national operator, providing a corporate guarantee. The lease commenced August 29, 2019, and expires August 31, 2029, with 4.8 years remaining. Annual rent bumps of 3% offer inflation protection. The lease includes two 5-year renewal options, exercisable simultaneously with other properties in a five-unit portfolio. This is a passive investment opportunity with zero landlord responsibilities. The asking price is $2,676,118 ($205.78/sq ft), and the 0.61-acre lot is situated in Camden County. This property is part of a larger portfolio, but can be purchased individually. The lease is a master lease with a common thread-defined term provision for renewal options.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Bellmawr
- County
- Camden
- State
- New Jersey
- Longitude
- -75.1031
- Latitude
- 39.8651
- 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
$28,974
$108,000
$649,700
$757,700
-
$108,000
$649,700
$757,700
