7024 Route 38
PENNSAUKEN, NJ 08109

$4,750,000

Description

Medical/investment property located in the desirable corridor of Rt 70 between Philadelphia and cherry hill sub markets. High quality single tenant NNN retail/medical building with 5 year lease and 5 year extension periods backed by DaVita dialysis. Income over $300k with additional income from freestanding pylon sign included in sale but on separate lease. Single story well maintained building with over 270ft of frontage, large surface parking lot for over 50 cars. Excellent visibility with traffic counts in excess of 90k daily. True NNN investment. All maintenance, taxes, utilities pass through to tenant.

Details

MLS#NJCD229724
StyleIndustrial
Sub-TypeResale
StatusActive
Year1982
Days On Site171

Features

SQ Feet57,640
Story(s)0
ZoningC

Market Activity 08109

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Area Information

StateNJ
CityPENNSAUKEN
Zip Code08109
AreaPennsauken Twp (20427)
Listing VS Median (in 08109)
Price:
$4,750,000
low | high
Med:
$148,500
100% of Average
SqFt:
57,640
low | high
Med:
896
100% of Average
$ / SqFt:
$82
low | high
Med:
$48
91.764097744361% of Average
On Site:
171
low | high
Med:
204.500000
83.61858190709% of Average
Listing Updated: 05/23/2019
MLS Number: NJCD229724
Listing Provided By:
Maria Quattrone  of  RE MAX @ HOME - Philadelphia

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