5045 57 Kaighn Ave, Pennsauken, Nj

$1,400,000

Price

12,000 sqft

Building Size

1965

Year Built

Overview
Building Size
12,000 sqft
Year Built
1965
Price Per Sqft
$116.67
Zoning
COMMERECIAL
Description

Excellent opportunity on Route 38. Retail center with warehouse space available best suited for end user or investors. Four units total with long term tenants including a doctors office (2 units) and dance studio plus a 4,000 sq. ft. retail/warehouse end unit with loading dock. Ample amount of parking in the rear of the building located on a soft corner close to the Cherry Hill Mall along Route 38. 12,000 sq. ft. of total space with 142 ft frontage on Route 38 142X258 lot size. The dance studio currently pays $4050/month NNN and the Doctors office which occupies 2 units pays $4927/month plus NNN both tenants have long term leases in place. The 4k sqft. warehouse has a loading dock and drive-in door is projected to bring in $4800/month which would bring the total income to $163,200/year. Great asset for investors looking for a property in an excellent location with great tenants.

Highlights
  • Days on Market: 135
  • Heating: 90% Forced Air

Location
Gallery