1730 Clements Bridge Rd - Freestanding FOR SALE


Woodbury, NJ 08096
$2,233,481 USD
201-777-5002
1730 Clements Bridge Rd, Woodbury, NJ for Sale
$2,233,481 USD
Freestanding - FOR SALE
1/10
null | 8% Cap Rate

1730 Clements Bridge Rd
Woodbury, NJ 08096


HIGHLIGHTS

  • Attractive Rental Increases
  • Recent Execution of Option Period
  • Dymanic Tenant
  • Strong, Strategic Retail Location

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to acquire a single tenant investment property located at 1730 Clements Bridge Road in Deptford, New Jersey (the “Property”). The free-standing single tenant DXL is improved by an 11,900 square foot building on a 1.11-acre parcel of land. DXL recently exercised their first renewal option and has 4+ years remaining on their double net lease. The lease calls for attractive increases at the start of each renewal option. DXL is extremely well located adjacent to the signalized intersection of Almonesson Road and Clements Bridge Road, two of the region’s primary retail corridors. The Property enjoys outstanding visibility, frontage and access and is across the street from the Deptford Mall. The Property is part of a dominant trade area that is home to countless national retailers and restaurants, large shopping centers, the Deptford Mall, and Nemours Children’s Health Center, all of which drive traffic to the area. Additionally, the Property is within minutes of several area schools, multiple nationally branded hotel/motels, and is surrounded by densely populated residential neighborhoods providing a built-in customer base. The Property is also convenient to the area’s major state roads and highways. Deptford is a suburb of Philadelphia and is located 10 miles southeast of the city.

FOR SALE DETAILS

PRICE

$2,233,481 USD

PRICE/SF

$188 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DXL Big + Tall

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.11 AC

LAND SF

48,352 SF

ZONING

BC2

APN/PARCEL ID

02-00001-04-00003

ASK ABOUT THIS PROPERTY

Rob DiFrancoHorvath & TremblayMore Info
201-777-5002

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Rob DiFrancoHorvath & TremblayMore Info
201-777-5002

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.