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- LoopNet Team
3046 Route 38
Mount Laurel, NJ 08054
Walgreens · Retail Property For Sale
Investment Highlights
- ABSOLUTE NNN LEASE
- QUALTIY 2005 CONSTRUCTION
- RENT COMMENCEMENT OCTOBER 2006
- ZERO LANDLORD OBLIGATIONS
- FLAT RENT
- 25 YEAR INITAL TERM WITH (10) 5-YEAR OPTIONS
PROPERTY FACTS
About 3046 Route 38 , Mount Laurel, NJ 08054
The Property is located at 3046 Route 38 in Mount Laurel, NJ and approximately 4.5 miles away from Exit 40 along Interstate 295. Walgreens is located immediately adjacent to Prospector’s Steak and Saloon a TD Bank, which are both easily accessible from both sides of the highway. The freestanding Walgreens occupies one of the highly visible parcels along Route 38 and shares a contiguous parking lot with Prospector’s, and shares over 1,245 feet of frontage along Route 38. Route 38 is a major highway for the area and boasts 47,166 vehicles per day. The subject property is supported by robust demographics. The estimated population within a 3-mile radius of the subject property is 38,388 and 128,137 within a 5-mile. Additionally, within a 3 mile radius of the subject property, there are 15,235 households with an average household income of $101,663. Some of the surrounding retailers in the immediate area include TD Bank, Investors Bank, CVS Pharmacy, McDonald’s, 7-Eleven, Shop Rite, Burger King, Aldi, Planet Fitness, and many more.
PROPERTY TAXES
Parcel Number | 24-00306-0000-00003 | Improvements Assessment | $1,909,900 |
Land Assessment | $1,646,400 | Total Assessment | $3,491,300 |
PROPERTY TAXES
Learn More About Investing in Retail Properties
Listing ID: 13724928
Date on Market: 9/7/2018
Last Updated:
Address: 3046 Route 38, Mount Laurel, NJ 08054
The Retail Property at 3046 Route 38, Mount Laurel, NJ 08054 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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