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156 Us-40Penns Grove, NJ 08069

High-traffic corner lot, ideal for business.

Overview

Added:
Dec 11, 2024
Days on market:
116
This 0.89-acre commercial land parcel in Penns Grove, New Jersey, presents a unique investment opportunity. Located at 156 US-40, this single-tenant property sits on a highly visible corner lot at a signalized intersection, boasting exceptional exposure to significant daily traffic. The property is zoned General Commercial (GC), allowing for a wide range of uses including professional offices, retail stores, restaurants, medical facilities, and more. Its strategic location between major distribution centers like Amazon and McLane further enhances its appeal. With an average daily traffic count of 11,784 vehicles (2018 data) on US Route 40, this site offers unparalleled visibility for any business. The lease requires a minimum five-year term with an annual rent of $20,000, subject to annual increases. The property is situated in Salem County, New Jersey, with a zip code of 08069. This prime location offers excellent potential for growth and profitability. Don't miss this chance to secure a prominent position in a thriving commercial area.

Highlights

  • 0.89-acre commercial land parcel in Penns Grove, NJ, at 156 US-40.
  • Highly visible corner lot at a signalized intersection with exceptional daily traffic exposure.
  • General Commercial (GC) zoning allows for diverse uses including retail, restaurants, and offices.
  • Strategic location near major distribution centers like Amazon and McLane.
  • Average daily traffic count of 11,784 vehicles (2018 data) on US Route 40.
  • Five-year minimum lease term with $20,000 annual rent, subject to annual increases.

Property Details for 156 Us-40

Property type
Land

Unit(s) available at that property

Space
Available Space
Size
0 SF

Location Insight

City
Penns Grove
County
Salem
State
New Jersey
Latitude
39.6839299
Longitude
-75.432539
156 Us-40, Penns Grove, New Jersey

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156 Us-40
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