364 BroadwayPennsville Township, NJ 08070

For Sale
$439,000
Income-producing office building, leased through 2028.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional investment opportunity presents a fully leased, two-story office building located at 364 S Broadway in Pennsville Township, New Jersey, 08070. The 3,025 square foot building, constructed in 1964 and renovated in 2017, is currently 100% occupied by a non-profit tenant under a lease expiring June 30, 2028, offering a remaining lease term of approximately 3.6 years. The asking price is $439,000, translating to $145.12 per square foot. The property features a spacious reception area, multiple offices, and classrooms, all well-maintained. Amenities include a private parking lot and handicap accessibility. The tenant is responsible for all utilities, including sewer, water, gas, electric, cable, and phone. This presents a stable income stream for the investor with a long-term lease in place. The property is situated in Salem County, New Jersey, offering convenient access to major transportation routes. This is a rare opportunity to acquire a turnkey, income-generating commercial property in a desirable location.

Highlights

  • $439,000 asking price for a 3,025 SF traditional office building.
  • Located at 364 S Broadway, Pennsville Township, NJ 08070.
  • Currently 100% occupied with a single tenant under lease until June 30, 2028 (3.6 years remaining).
  • Features include a spacious reception area, offices, classrooms, private parking, and handicap accessibility.
  • Built in 1964 and renovated in 2017, this two-story building offers a price per square foot of $145.12.

Property Details for 364 Broadway

Property type
Office properties
Square Feet
3,025 SF
Year Built/Renovated
1964/2017
Stories
2

Location Insight

City
Pennsville Township
County
Salem
State
New Jersey
Latitude
39.6356635
Longitude
-75.5139907
364 Broadway, Pennsville Township, New Jersey

FAQs

What type of property is this?
Office property - Income-producing office building, leased through 2028.
Where is the office property located?
The property is located at 364 Broadway Pennsville Township, NJ.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: $439,000 asking price for a 3,025 SF traditional office building.; Located at 364 S Broadway, Pennsville Township, NJ 08070.; Currently 100% occupied with a single tenant under lease until June 30, 2028 (3.6 years remaining).
How can I contact the broker?
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364 Broadway
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