172 Route 73Berlin, NJ 08009

Property Details for 172 Route 73

Year built

1961

Property size (Sq ft)

1,700 SF

Property type

Other retail properties

Property subtype

Retail properties

Description

This exceptional retail property, located at 172 S Route 73 in Berlin, New Jersey, presents a compelling investment opportunity. Situated on the corner of Route 73 and Taunton Avenue, this 1,700 square foot building benefits from a highly visible location with a traffic light, ensuring maximum exposure to the 28,000 vehicles that pass by daily. Currently leased to Enterprise, the property boasts a solid 7% capitalization rate, offering a strong return on investment. This is a prime opportunity to capitalize on a high-traffic location and a stable, established tenant. The property's strategic placement at a major intersection guarantees consistent foot traffic and visibility, making it ideal for a variety of retail businesses. Detailed financial information and lease terms are available upon request. Don't miss this chance to acquire a lucrative retail investment in a thriving New Jersey market. This property is priced at $535,000 and offers significant potential for future appreciation. Further documentation is available for review. Act quickly to secure this exceptional investment opportunity.

Location Insight

City

Berlin

County

Camden

State

New Jersey

Latitude

39.796

Longitude

-74.9251

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