5200 Route 42 | Blackwood, NJ 08012
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- LoopNet Team
5200 Route 42
Blackwood, NJ 08012
Ganttown Plaza · Retail Property For Sale
Investment Highlights
- Located in the heart of the submarket’s prime retail corridor home to nationally recognized tenants, 20 minutes from downtown Philadelphia.
- Less than two miles to the Atlantic City Expressway, a major north-south thoroughfare within New Jersey and is a major retail node.
- Ganttown Plaza is 68%-occupied, providing an exceptional value-add opportunity through lease-up, offered at a significant discount to replacement.
- The center experienced 235,400 visits from an estimated 140,200 customers in 2019, and customers spent an average of 45 minutes at the center.
- Anchored by Harbor Freight Tools, a sought-after tenant in the investment community offering quality tools at low prices.
- Situated in a dense trade area home to nearly 65,000 residents in the surrounding three miles with an average household income over $110,000.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
107,512 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1988/2000
Tenancy
Multiple
Building Height
1 Story
Loading Docks
5 Exterior
Building FAR
0.18
Lot Size
14.07 AC
Zoning
HC - Highway Commercial District
Parking
269 Spaces (2.5 Spaces per 1,000 SF Leased)
Frontage
740 FT on Route 42( Blackhorse Pk)
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 18-00196-01-00001 | Improvements Assessment | $3,686,000 |
| Land Assessment | $2,814,000 | Total Assessment | $6,500,000 |
PROPERTY TAXES
Parcel Number
18-00196-01-00001
Land Assessment
$2,814,000
Improvements Assessment
$3,686,000
Total Assessment
$6,500,000
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