1951 Black Horse PikeMonroe, NJ 08094

Property Details for 1951 Black Horse Pike

Construction

CONCRETE BLOCKS

Lot size

1.38 AC

Property type

Other commercial real estate

APN

11 00201-0000-00051

APU

1100201000000051

Description

This 2,800 square foot vacant retail space, located at 1951 N Black Horse Pike in Monroe, New Jersey (zip code 08094), is available for $1,950,000. The property is situated in a high-visibility shopping center with ample parking (75 spaces) and benefits from high daily traffic counts exceeding 25,221 vehicles. The location offers limited competition and enjoys proximity to a substantial population base (132,023 within a 5-mile radius), including convenient access for customers from South Philadelphia (approximately 30 minutes away). This NNN-leased property presents a unique opportunity for a business seeking a strategic location in a growing market. The asking price includes the Adult Use Cannabis Retailer License, State Approvals, Land Use Entitlement, and a long-term lease of the real estate at $5,000 per month plus NNN expenses. The property is categorized as a Pharmacy/Drug store and is currently vacant, offering immediate occupancy for the right buyer. This presents a rare chance to establish a presence in a thriving area with significant foot traffic and a strong customer base. The property's prominent signage ensures high visibility, making it an ideal location for a variety of retail businesses.

• Alternative Use

  Use

  Valuation

  Residential

  $19,885,078

  Hospitality

  $18,214,624

  Educational

  $15,154,354

  Medical

  $15,675,535

  Retail

  $23,573,440

Location Insight

City

Williamstown

County

Gloucester

State

New Jersey

Latitude

39.7141

Longitude

-75.0182

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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