172 Nj-73Berlin, NJ 08009

This exceptional investment opportunity presents a single-tenant, 1,700 square foot office building located at 172 NJ-73 in Berlin, New Jersey, within Camden County (zip code 08009). The property, built in 1961, is a one-story traditional office building currently leased to Enterprise Rent-A-Car at 100% occupancy. Boasting a desirable location on the corner of Route 73 and Taunton Avenue, complete with a traffic light, this property benefits from high visibility and significant daily traffic volume – an estimated 28,000 cars pass by daily. The asking price is $535,000, translating to a price per square foot of $314.71 and a compelling 7.00% capitalization rate. The property is zoned C and offers a strong return on investment for discerning buyers. Detailed financial information is available upon request. This is a rare opportunity to acquire a stable, high-yielding investment property in a prime location with significant growth potential. Don't miss out on this exceptional offering.