200 Tuckerton RdMedford Lakes, NJ 08055

Exceptional investment opportunity in Medford Lakes, NJ! This 11,115 square foot free-standing retail building, formerly a Rite-Aid with a drive-thru, is available for $2,500,000 ($224.92/SF). Built in 2017, the property boasts convenient access from surrounding communities including Medford, Marlton, Evesham Township, Medford Lakes, Shamong, and Tabernacle. The building features ingress/egress on both Tuckerton Road and Taunton Boulevard, offering excellent visibility and accessibility. Zoned CC-Community Commercial, it also falls within the Medford Township Redevelopment Zone. The property sits on a one-acre lot and is currently vacant, with an occupancy date of March 25, 2024. The 2023 real estate taxes were $81,622, equating to approximately $7.32 per square foot. This NNN lease property presents a strong potential for a variety of retail uses. The building's previous use as a pharmacy and convenience store suggests suitability for similar businesses. The drive-thru adds significant value and potential for increased revenue. This is a rare opportunity to acquire a well-located, modern retail building in a thriving area. Don't miss out on this chance to secure a prime investment property.