1 White Horse PikeSomerdale, NJ 08083

Property Details for 1 White Horse Pike

Construction

TYPE NOT SPECIFIED

Lot size

0.52 AC

Property type

Commercial real estate

APN

31 00117-0000-00001

APU

3100117000000001

Description

This exceptional retail investment opportunity presents a 9,448 square foot strip center ideally situated at 1 N White Horse Pike in Somerdale, New Jersey. Boasting a highly visible corner location at the intersection of White Horse Pike and Somerdale Road, this property benefits from significant daily traffic flow. Its strategic placement directly across from a Wawa convenience store ensures consistent customer exposure and foot traffic. The property sits on a 0.22-acre lot and is currently offered at $500,000. This offering includes the subject property at 1 N White Horse Pike, as well as three additional adjacent retail spaces (3, 5, and 7 White Horse Pike) which are also available for purchase. The entire strip mall is available for acquisition, presenting a unique opportunity for a portfolio investment or a single buyer seeking to consolidate their retail presence in a high-demand area. The property's prime location and high visibility make it an attractive investment for a variety of retail businesses seeking to establish or expand their operations in a thriving commercial corridor. The combined square footage of all four units presents a substantial retail footprint with significant potential for rental income or owner-occupied operations. This is a rare opportunity to acquire a well-positioned retail center in a bustling commercial area.

• Alternative Use

  Use

  Valuation

  Residential

  $8,296,202

  Hospitality

  $7,599,276

  Educational

  $6,322,508

  Medical

  $6,539,949

  Retail

  $9,835,013

Location Insight

City

Somerdale

County

Camden

State

New Jersey

Latitude

39.8439

Longitude

-75.0183

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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