4004 Church RdMount Laurel Township, NJ 08054

  • Commercial real estate
  • 8,760 SF

Property Details for 4004 Church Rd

Year built
2001
Lot size
1.94 AC
Property size (Sq ft)
8,760 SF
Property type
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
  • CAP approach

    CAP return
    Valuation
    6%
    $2,246,600
    6.5%
    $2,073,780
    7%
    $1,925,650
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,144,580
    Geo Method
    $1,144,580
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $3,907,900
    Retail / Commercial
    $2,038,190
    Mixed-Use / Specialty
    $2,057,910
    Hospitality / Lodging
    $1,544,950
    Office
    $2,073,780
    Institutional / Educational
    $2,149,030
    Residential Income
    $2,514,370
    Multifamily
    $2,866,030
    Automotive / Energy
    $1,842,030
    Parking / Income-Based Land
    $609,006
    Restaurant / Food Service
    $1,127,910
    Healthcare / Senior Housing
    $2,082,680

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

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message