Shopping Neighborhood
Saigon Plaza
5201 NJ-38, Pennsauken Township, NJ 08109
Listing Price: $11,000,000
Cap Rate
7.15%
Gross SF
44,490
Rentable SF
44,490
Price/Gross SF
$247.25
Lot Size
4.40 acres
Year Built
2008
Investment Overview
Current ownership spent $150K on the parking lot to stripe, seal, and paint it. Ownership also spent about $110K on the roof and facade.
Saigon Plaza
Investment Highlights
- The subject property sits on 4.40 Acres and strategically located on Route 38(W Bound toward Philadelphia) with phenomenal traffic counts exceeding 47K VPD
- Sun Seng Supermarket is a stable anchor that has been operating at this location for 13 years(2011) with 7 years remaining on the term.
- Well positioned and angled for consumers to access the center and coupled with one of the best billboard signs on Route 38
- Located only 7 miles away from Philadelphia and conveniently located near Cherry Hill.
Exclusively Listed By
Broker of Record
-
John Horowitz
Senior Vice President/Division Manager
Financing By
Listing Price: $11,000,000
Cap Rate
7.15%
Gross SF
44,490
Rentable SF
44,490
Price/Gross SF
$247.25
Lot Size
4.40 acres
Year Built
2008
Investment Highlights
- The subject property sits on 4.40 Acres and strategically located on Route 38(W Bound toward Philadelphia) with phenomenal traffic counts exceeding 47K VPD
- Sun Seng Supermarket is a stable anchor that has been operating at this location for 13 years(2011) with 7 years remaining on the term.
- Well positioned and angled for consumers to access the center and coupled with one of the best billboard signs on Route 38
- Located only 7 miles away from Philadelphia and conveniently located near Cherry Hill.
Investment Overview
Current ownership spent $150K on the parking lot to stripe, seal, and paint it. Ownership also spent about $110K on the roof and facade.
Exclusively Listed By
Broker of Record
-
John Horowitz
Senior Vice President/Division Manager
Financing By
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