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1061 Route 73 2,105 SF Retail Building Pennsauken, NJ 08110 $1,813,760 CAD ($861.64 CAD/SF)
EXECUTIVE SUMMARY
1061 Route 73, Pennsauken , NJ | Block 2001 Lot 5
Approximately 1.522 acres FOR SALE | $1,500,000
High visibility and traffic: Over 179’ of frontage and over 42,000 VPD pass the site
Strong trade area: Surrounded by a plethora of national tenants
Uses, including drive through: The C-1 zone permits many uses including drive through restaurant, retail, self-storage, houses of worship, cannabis retail dispensary, motor vehicle repair and more.
Demographics and proximity to city density: Strong demographics support the uses that are permitted in this zone. This site sits approximately 1.5 miles from the Tacony-Palmyra Bridge, which crosses over into Northern Philadelphia and supports strong demographic access from local residents, commuters and nearby city residents.
Previously developed site: Utilities are on site and the site is fully improved, which drastically reduces cost to redevelop. Previous use was a Taco Bell with drive through
Approximately 1.522 acres FOR SALE | $1,500,000
High visibility and traffic: Over 179’ of frontage and over 42,000 VPD pass the site
Strong trade area: Surrounded by a plethora of national tenants
Uses, including drive through: The C-1 zone permits many uses including drive through restaurant, retail, self-storage, houses of worship, cannabis retail dispensary, motor vehicle repair and more.
Demographics and proximity to city density: Strong demographics support the uses that are permitted in this zone. This site sits approximately 1.5 miles from the Tacony-Palmyra Bridge, which crosses over into Northern Philadelphia and supports strong demographic access from local residents, commuters and nearby city residents.
Previously developed site: Utilities are on site and the site is fully improved, which drastically reduces cost to redevelop. Previous use was a Taco Bell with drive through
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,105 SF
Building Class
C
Year Built
1789
Price
$1,813,760 CAD
Price Per SF
$861.64 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.50 AC
Opportunity Zone
Yes
Parking
40 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
179’ on Route 73
AMENITIES
- Freeway Visibility
- Pylon Sign
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 27-02001-0000-00005 | Improvements Assessment | $439,951 CAD |
| Land Assessment | $857,341 CAD | Total Assessment | $1,297,292 CAD |
PROPERTY TAXES
Parcel Number
27-02001-0000-00005
Land Assessment
$857,341 CAD
Improvements Assessment
$439,951 CAD
Total Assessment
$1,297,292 CAD
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Presented by
The DiOrio Team at Berkshire Hathaway Commercial
1061 Route 73
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