4004 Church RdMount Laurel Township, NJ 08054
- Other 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
- 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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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