200 Tuckerton RdMedford Lakes, NJ 08055

Property Details for 200 Tuckerton Rd

Year built

2017

Lot size

1.00 AC

Property size (Sq ft)

11,115 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

Exceptional investment opportunity in Medford Lakes, NJ! This 11,115 square foot free-standing retail building, formerly a Rite-Aid with a drive-thru, is available for $2,500,000 ($224.92/SF). Built in 2017, the property boasts convenient access from surrounding communities including Medford, Marlton, Evesham Township, Medford Lakes, Shamong, and Tabernacle. The building features ingress/egress on both Tuckerton Road and Taunton Boulevard, offering excellent visibility and accessibility. Zoned CC-Community Commercial, it also falls within the Medford Township Redevelopment Zone. The property sits on a one-acre lot and is currently vacant, with an occupancy date of March 25, 2024. The 2023 real estate taxes were $81,622, equating to approximately $7.32 per square foot. This NNN lease property presents a strong potential for a variety of retail uses. The building's previous use as a pharmacy and convenience store suggests suitability for similar businesses. The drive-thru adds significant value and potential for increased revenue. This is a rare opportunity to acquire a well-located, modern retail building in a thriving area. Don't miss out on this chance to secure a prime investment property.

Location Insight

City

Medford Lakes

County

Burlington

State

New Jersey

Latitude

39.871

Longitude

-74.8465

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