701 Route 70Evesham, NJ 08053

  • Office properties
  • 5,262 SF
For Lease
$16/SF/YR View listing

Property Details for 701 Route 70

Year built
2005
Lot size
2.00 AC
Property size (Sq ft)
5,262 SF
Zone code
C-1
Property type
Office properties
Property subtype
Office buildings
APN
13 00019- 01-00007
APU
13000190100007

Description

This exceptional retail property, known as Staples Plaza, is situated at 701 Route 70 West in Evesham, New Jersey, within Burlington County (zip code 08053). The property boasts a total of 3,600 square feet of commercial space, currently entirely vacant and ready for immediate occupancy. The building is zoned C-1, offering a wide range of potential uses. The entire 3,600 square feet is available for lease, presenting a unique opportunity for a single tenant or the potential to be divided. Ample parking is provided with 250 spaces available for customers and employees. This highly visible location on Route 70 West offers excellent accessibility and exposure to a substantial volume of daily traffic, making it an ideal location for a variety of retail businesses. The property is located in Evesham, a thriving community in Burlington County, New Jersey, providing a strong customer base. This is a turnkey opportunity for a business seeking a prominent location with significant visibility and ample parking. The property is classified as multi-tenant retail space. Interested parties should inquire about lease terms and conditions.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,188,194
    6.5%
    $1,096,794
    7%
    $1,018,452
  • Comparable approach

    Method
    Valuation
    Relative Method
    $687,533
    Geo Method
    $687,533
  • Alternative Use

    Use
    Valuation
    Residential
    $1,360,025
    Hospitality
    $1,245,776
    Educational
    $1,036,471
    Medical
    $1,072,116
    Retail
    $1,612,288
701 Route 70, Evesham, New Jersey

Location Insight

City
Marlton
County
Burlington
State
New Jersey
Latitude
39.8932
Longitude
-74.8833
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$24,448
$300,000
$395,000
$695,000
-
$300,000
$395,000
$695,000

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