4004 Church RdMount Laurel Township, NJ 08054

  • Other commercial real estate
  • 8,760 SF
For Sale

Property Details for 4004 Church Rd

Year built
2001
Lot size
1.94 AC
Property size (Sq ft)
8,760 SF
Property type
Other commercial real estate
APN
24 01302-0000-00002- 01
APU
240130200000000201

Description

This exceptional investment opportunity presents a prime, 8,670-square-foot Class A retail property located at 4004 Church Road in Mount Laurel Township, New Jersey. The single-story building, constructed in 2001, sits on a spacious 2.01-acre lot and is currently 100% occupied by a pharmacy under a triple-net (NNN) lease with a corporate guarantee, ensuring a stable and predictable income stream. The property boasts a strong net operating income (NOI) exceeding $230,000 annually, making it an attractive addition to any portfolio. Its strategic location provides excellent accessibility, with convenient access to major roadways including Route 73, the New Jersey Turnpike, I-295, and Route 70, ensuring high visibility and significant foot traffic. The building's design is suitable for a variety of retail uses, offering flexibility for future tenants. This is a rare opportunity to acquire a high-performing, net-leased retail property in a desirable location with a proven track record of success. The property's strong tenant, long-term lease, and excellent location combine to create a compelling investment opportunity with significant potential for long-term growth and return. The property is situated in Burlington County, New Jersey, with a zip code of 08054.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,268,960
    Hospitality
    $2,078,356
    Educational
    $1,729,167
    Medical
    $1,788,636
    Retail
    $2,689,816
4004 Church Rd, Mount Laurel Township, New Jersey

Location Insight

City
Mount Laurel
County
Burlington
State
New Jersey
Latitude
39.9241
Longitude
-74.9739
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
$32,457
$188,900
$883,000
$1,071,900
-
$188,900
$883,000
$1,071,900

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