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Shopping Strip

Chestnut Hill Plaza

2806 US-130, Cinnaminson, NJ 08077

Listing Price: $2,300,000

Cap Rate
6.42%
Gross SF
9,510
Rentable SF
9,510
Price/Gross SF
$241.85
Lot Size
1.55 acres
Year Built
1980

Investment Overview

»New Anchor Tenant | Newly Signed Lease by Benjamin Moore (32.69% GLA) with 5 Year Base Term and 15 Years of Extensions »Service Oriented Tenants | All Tenants Provide a Diverse Set of Services to the Local Population »Market Rates | Tenant Rents Are At-Or-Above the Current Market Rates »Small Tenant Bays | 1,200-3,060 SF Bays are Relatively Easier to Lease in the Event of Future Vacancies

Investment Highlights

  • Multi-Tenant Strip Center Opportunity | 9,360 Square Feet – 100% Occupancy: Benjamin Moore, Chez Rodine Restaurant, Paige Reese Salon & Spa, Erin Cleaners, Primo Hoagies
  • Large Parcel with Ample Parking | Chestnut Hill Plaza Sits On 1.55 Acres of Land With 75 Parking Spaces
  • Minimal Landlord Responsibilities | All NNN Tenants – Tenants Pay Taxes, Insurance, and CAM Expenses
  • Service Oriented Tenants | All Tenants Provide a Diverse Set of Services to the Local Population
  • Retail Corridor | Large National Retail Tenants Walmart, Sam's Club, and Target Within 1-Mile of the Subject Site

Exclusively Listed By

  • Mark Krantz

    First Vice President Investments

    (215) 531-7056

    Email Mark

    License(s): PA: RS336064, NJ: 1863254

    Philadelphia

Broker of Record

  • John Horowitz

    First Vice President/ Division Manager

    (201) 742-6100

    License(s) NJ: 2192359

    New Jersey

Financing By

Shopping Strip

Chestnut Hill Plaza

Listing Price: $2,300,000

Cap Rate
6.42%
Gross SF
9,510
Rentable SF
9,510
Price/Gross SF
$241.85
Lot Size
1.55 acres
Year Built
1980

Investment Highlights

  • Multi-Tenant Strip Center Opportunity | 9,360 Square Feet – 100% Occupancy: Benjamin Moore, Chez Rodine Restaurant, Paige Reese Salon & Spa, Erin Cleaners, Primo Hoagies
  • Large Parcel with Ample Parking | Chestnut Hill Plaza Sits On 1.55 Acres of Land With 75 Parking Spaces
  • Minimal Landlord Responsibilities | All NNN Tenants – Tenants Pay Taxes, Insurance, and CAM Expenses
  • Service Oriented Tenants | All Tenants Provide a Diverse Set of Services to the Local Population
  • Retail Corridor | Large National Retail Tenants Walmart, Sam's Club, and Target Within 1-Mile of the Subject Site

Investment Overview

»New Anchor Tenant | Newly Signed Lease by Benjamin Moore (32.69% GLA) with 5 Year Base Term and 15 Years of Extensions »Service Oriented Tenants | All Tenants Provide a Diverse Set of Services to the Local Population »Market Rates | Tenant Rents Are At-Or-Above the Current Market Rates »Small Tenant Bays | 1,200-3,060 SF Bays are Relatively Easier to Lease in the Event of Future Vacancies

Exclusively Listed By

  • Mark Krantz

    First Vice President Investments

    (215) 531-7056

    Email Mark

    License(s): PA: RS336064, NJ: 1863254

    Philadelphia

Broker of Record

  • John Horowitz

    First Vice President/ Division Manager

    (201) 742-6100

    License(s): NJ: 2192359

    New Jersey

Financing By

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