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1120 Rt 73
Mount Laurel, NJ 08054
Executive Plaza · Office Property For Sale


Investment Highlights
- Multiple leases commenced in 2026, supporting income growth-22% of In-Place Rent.
- Signalized Corner Along Route 73
- Remaining vacant space provides near-term leasing opportunity.
- Diversified tenant roster spanning legal, healthcare, accounting, and technology firms -89% Leased to 14 Tenants .
- Located on Route 73 with direct access to I-295 and the New Jersey Turnpike.
- Includes approximately 384 parking spaces on a 7.70-acre site.
Executive Summary
Executive Plaza is a four-story multi-tenant office investment located along Route 73 in Mount Laurel, one of Southern New Jersey’s most established suburban office markets. The property consists of approximately 95,301 square feet situated on 7.70 acres and is occupied by a diversified roster of professional office, healthcare, legal, accounting, technology, and business service tenants. The tenant mix supports income diversification, with no single tenant occupying a majority of the building.
Positioned at a signalized intersection along Route 73, the property benefits from direct access to Interstate 295, the New Jersey Turnpike, Route 38, and Route 70, providing convenient connectivity throughout the Philadelphia metropolitan area, Central New Jersey, and surrounding regional employment centers. Mount Laurel has developed into a significant corporate and professional services hub, supported by major employers, established office parks, healthcare institutions, and a highly connected transportation network.
The asset offers a combination of current cash flow and future upside through remaining vacancy and recent leasing activity. Multiple leases commenced in 2026, contributing to occupancy momentum while supporting future income growth. Existing tenant retention history among several occupants demonstrates long-term tenancy within the building and provides additional stability to the rent roll.
The property includes substantial on-site parking, modernized building improvements resulting from the 2011 renovation, and a location within a mature business environment that continues to attract office users seeking accessibility and operational convenience. Executive Plaza presents an opportunity to acquire an established office asset with in-place income, a diversified tenant base, and leasing potential within a well-recognized South Jersey office corridor.
Positioned at a signalized intersection along Route 73, the property benefits from direct access to Interstate 295, the New Jersey Turnpike, Route 38, and Route 70, providing convenient connectivity throughout the Philadelphia metropolitan area, Central New Jersey, and surrounding regional employment centers. Mount Laurel has developed into a significant corporate and professional services hub, supported by major employers, established office parks, healthcare institutions, and a highly connected transportation network.
The asset offers a combination of current cash flow and future upside through remaining vacancy and recent leasing activity. Multiple leases commenced in 2026, contributing to occupancy momentum while supporting future income growth. Existing tenant retention history among several occupants demonstrates long-term tenancy within the building and provides additional stability to the rent roll.
The property includes substantial on-site parking, modernized building improvements resulting from the 2011 renovation, and a location within a mature business environment that continues to attract office users seeking accessibility and operational convenience. Executive Plaza presents an opportunity to acquire an established office asset with in-place income, a diversified tenant base, and leasing potential within a well-recognized South Jersey office corridor.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
95,301 SF
Building Class
A
Year Built/Renovated
1987/2011
Price
$16,185,998 CAD
Price Per SF
$169.84 CAD
Cap Rate
10%
NOI
$1,618,585 CAD
Percent Leased
89%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
23,825 SF
Building FAR
0.28
Lot Size
7.70 AC
Parking
384 Spaces (4.03 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Atrium
- Fitness Center
- Security System
- Direct Elevator Exposure
- Natural Light
- Shower Facilities
- Monument Signage
- Air Conditioning
- Balcony
Property Taxes
| Parcel Number | 24-01306-01-00001 | Improvements Assessment | $7,225,508 CAD |
| Land Assessment | $3,599,033 CAD | Total Assessment | $10,106,665 CAD |
Property Taxes
Parcel Number
24-01306-01-00001
Land Assessment
$3,599,033 CAD
Improvements Assessment
$7,225,508 CAD
Total Assessment
$10,106,665 CAD
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