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505 Pleasant Valley Ave Moorestown, NJ 08057

10,627 SF Office, Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional commercial real estate offering presents a unique investment opportunity in Moorestown, New Jersey. The property encompasses two buildings situated on a 2.25-acre lot (APN 22-03401-0000-00001). The main structure, a 10,627 square foot traditional office building, was constructed in 1950 and renovated in 1989. Currently fully occupied, it offers potential for a sale/leaseback arrangement. The building's layout is versatile, featuring executive and administrative offices, a formal reception area, multiple conference rooms, a lunchroom, ample restrooms, a bullpen workspace, and a finished attic ideal for file storage or IT infrastructure. Ample parking is available for approximately 40 vehicles, including several covered spots under an overhang. The property is zoned SRC (Specially Restricted Commercial). An adjacent 1,281 square foot, one-and-a-half-story single-family residence is also included, currently leased. This presents a significant income stream, further enhancing the investment potential. A 5G cell tower land lease generates substantial annual income of $76,549.80 plus 40% of real estate taxes, with five-year renewal options. This combined offering provides a compelling opportunity for investors seeking a diversified portfolio with strong cash flow and long-term growth potential. The address is 505-509 Pleasant Valley Avenue, Moorestown, NJ 08057.

Highlights

  • 10,627 SF office building, fully occupied with sale/leaseback potential.
  • Features executive/administrative offices, reception area, conference rooms, lunchroom, restrooms, bullpen, and finished attic storage.
  • 40-car parking lot with covered spaces.
  • Zoned SRC (Specially Restricted Commercial).
  • Built in 1950, renovated in 1989.
  • Includes a 1,281 SF single-family residence (currently leased).

Property Details for 505 Pleasant Valley Ave

Property type
Office properties
Square Feet
10,627 SF
Year Built/Renovated
1950/1989
Buildings
2
Lot Size (sq. ft)
98,010 SF

Location Insight

City
Moorestown
County
Burlington
State
New Jersey
Latitude
39.949405239652
Longitude
-74.951695315462

FAQs

What type of property is this?
Office property - 10,627 SF Office, Investment Opportunity
Where is the office property located?
The property is located at 505 Pleasant Valley Ave Moorestown, NJ.
What are key features of this property?
This property features: 10,627 SF office building, fully occupied with sale/leaseback potential.; Features executive/administrative offices, reception area, conference rooms, lunchroom, restrooms, bullpen, and finished attic storage.; 40-car parking lot with covered spaces.
How can I contact the broker?
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505 Pleasant Valley Ave
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