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235 BroadwayPennsville Township, NJ 08070

Salem County Shopping Center; Two Spaces Available

Overview

Added:
Dec 11, 2024
Days on market:
116
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.

Highlights

  • Retail shopping center totaling 150,000 square feet.
  • Multiple tenancy with 24,000 square feet currently vacant.
  • Minimum divisible space of 4,000 square feet; spaces ranging from 4,000 to 19,000 square feet available.
  • Located on a half-acre lot in Salem County.
  • Junior anchor space available.
  • Wawa with gas station slated to open late 2025.

Property Details for 235 Broadway

Property type
Retail properties
RSF (Rentable sq. ft)
150,000 SF

Unit(s) available at that property

Space
Available Space 1
Size
19,000 SF
Space
Available Space 2
Size
4,000 SF

Location Insight

City
Pennsville Township
County
Salem
State
New Jersey
Latitude
39.643604
Longitude
-75.5183095
235 Broadway, Pennsville Township, New Jersey

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235 Broadway
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