K9 Resorts - Cherry Hill, NJ
$3,555,555
1149 Marlkress Road, Cherry Hill Township, NJ 08003
For Sale
Retail
Active
Last Updated: 05/07/2025
6.75
Cap Rate
240,000
NOI
Details:
Cap Rate: 6.75%
NOI: $240,000
Building Size: 7,500 sqft
Lot Area: 1.35 acres
Year Built: 1975
Tenancy: Single
Highlights:
- Corporate Tenant and Guaranty: K9 Resorts is a premier pet care franchise specializing in luxury dog boarding and daycare services.
- Sale Leaseback: Brand new 15-year absolute triple net lease with zero landlord responsibilities to begin at the close of escrow
Description:
Equity CRE is pleased to offer for sale the K9 Resorts in Cherry Hill, NJ. This deal includes a brand new 15-year absolute triple net (NNN) lease with zero landlord responsibilities to begin at the close of escrow, providing for a secure investment. The lease comes with the added security of a corporate guaranty from K9 Resort’s corporate entity, adding a layer of security and confidence for investors. K9 Resorts has occupied this site since 2019, and completely renovated the space to accommodate their business model.
Documents:
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ECRE-OM-CherryHill-MarlkressRd-K9Resorts.pdf
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Location
Gallery
