20 White Horse PikeSomerdale, NJ 08083

Property Details for 20 White Horse Pike

Construction

FRAME

Lot size

0.92 AC

Property type

Commercial real estate

APN

31 00078-0000-00011

APU

3100078000000011

Description

This exceptional retail opportunity is located at 20 White Horse Pike, Unit 4, in the bustling town of Somerdale, New Jersey. Situated on a 0.92-acre lot, this property boasts unparalleled visibility due to its prime location on the heavily travelled White Horse Pike. The space is perfect for a variety of businesses seeking high foot traffic and excellent exposure to potential customers. The lease structure is a triple net (NNN) lease, meaning the tenant is responsible for property taxes, insurance, and maintenance, providing predictable and manageable operating costs. The exact square footage is currently unavailable, but interested parties are encouraged to inquire for detailed specifications and a complete lease breakdown. This is an outstanding chance to establish or expand your business in a vibrant and accessible location. The property's high visibility and convenient access make it an ideal choice for businesses seeking maximum exposure and customer convenience. Don't miss this opportunity to secure a prime retail space in a thriving commercial area. Contact us today to schedule a viewing and learn more about this exceptional property.

• CAP approach

  CAP return

  Valuation

  6%

  $14,604,400

  6.5%

  $13,481,000

  7%

  $12,518,100

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,226,530

  Geo Method

  $5,226,530

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $26,388,500

  Retail / Commercial

  $13,561,800

  Mixed-Use / Specialty

  $13,536,900

  Hospitality / Lodging

  $9,962,260

  Office

  $13,481,000

  Institutional / Educational

  $14,081,400

  Residential Income

  $16,475,200

  Multifamily

  $19,629,000

  Automotive / Energy

  $12,069,700

  Parking / Income-Based Land

  $4,141,870

  Restaurant / Food Service

  $7,090,880

  Healthcare / Senior Housing

  $13,857,700

Location Insight

City

Somerdale

County

Camden

State

New Jersey

Latitude

39.8435

Longitude

-75.0166

CBSA code

37980

CBSA name

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

Property Tax & Assessments

FAQs

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