Twitter
Facebook
Email
|
This 10,000 SF commercial property, located at 5309 Marlton Pike W in Pennsauken, NJ, offers a strong investment opportunity with a stable, long-term income stream. The property is fully leased to Best Buy Furniture through 2034, ensuring minimal landlord responsibilities. Positioned on a 17,630 SF lot, the building is equipped with one drive-in loading dock and an additional rear garage door, enhancing its versatility for both retail and logistics uses. Although the site currently offers six parking spaces at the front, a rear section of the lot remains vacant, providing the potential to expand parking or support additional operational improvements. This asset is being offered at a 7.03% capitalization rate, supported by a dependable tenant and lease structure. Notably, the lease includes three scheduled rent escalations prior to expiration, which further enhances income growth over the hold period. Strategically located with convenient access to Philadelphia, the Philadelphia International Airport, and major South Jersey and Delaware transit routes, the property boasts excellent regional connectivity. This makes it an appealing option for investors seeking a stabilized asset with built-in rental growth in a high-demand commercial corridor.
| DAYS ON MARKET | 3 | LAST UPDATED | 8/1/2025 |
|---|---|---|---|
| YEAR BUILT | 1960 | COMMUNITY | Pennsauken Twp (20427) |
| COUNTY | CAMDEN | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | PENNSAUKEN TOWNSHIP PUBLIC SCHOOLS |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | Pennsauken Twp (20427) |
| CONSTRUCTION | Block, Concrete |
| HEAT | Central |
| LOT | 0.4 acre(s) |
| LOT DIMENSIONS | 82.00 x 215.00 |
| PARKING | Parking Lot |
| SEWER | Public Sewer |
| TAXES | 21041 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Todd
Stonesifer to contact you even if your name is on a Federal or State
"Do not call List".
Listing provided by Keller Williams Realty
All information provided is deemed reliable but is not guaranteed and should
be independently verified. No reproduction, distribution, or transmission of the
information at this site is permitted without the written permission from the MLS
Participant.
IDX information is provided exclusively for consumer’s personal,non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2025.