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3921 Route 42
Turnersville, NJ 08012

Former 23,500 SF Office Max Building · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
23,500 SF
Building Class
B
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
2.30 AC
Zoning
C1 - Restricted Commercial
Parking
231 Spaces (9.83 Spaces per 1,000 SF Leased)
Frontage
106 FT on Black Horse Pike

About 3921 Route 42 , Turnersville, NJ 08012

• Listing Price: 3,500,000 • Vacant Building which includes Loading Docks • 2000 Construction: Property is in good condition • Ideal for Value-Add Investor or Owner-user • Predictable Cash Flow: Current lease expires in January 2021. Ample time to reposition the property with a new tenant and negotiate a buy out with Office Max. • Anchored by Target: Encap to a busy Target store • Close Proximity to Retailers: Other notable national retails in the trade area include Lowe’s, Advanced Auto Parts, Mattress Warehouse, Applebee’s, Kohl’s, LA Fitness, Marshalls, Bed Bath & Beyond, Home Depot, Old Navy, AC Moore, and two first-run cinemas. • High Traffic Intersection: Signalized intersection of Black Horse Pike (Route 42) and Watson Drive: over 42,000 cars per day • Strong Affluent demographics: Over 163,000 People Average Household Income of over $91,000 within a 5-mile Radius • Easy Access and Visibility: Excellent access through 3 convenient ingress & egress. Also there are 2 pole signs each on Route 42 and Watson Drive.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 18-00115-0000-00021-01
  • 18-00115-0000-00021-02
Land Assessment
$3,559,000
Improvements Assessment
$12,101,000
Total Assessment
$15,660,000
  • Listing ID: 13015371

  • Date on Market: 6/27/2018

  • Last Updated:

  • Address: 3921 Route 42, Turnersville, NJ 08012

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