11 TOMLINSON MILL RD Medford NJ 08055

Courtesy of: Keller Williams Realty-Marlton

PROPERTY DETAILS
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$875,000

11 TOMLINSON MILL RD Medford NJ 08055

DESCRIPTION

Strip Retail Center in Medford, NJ. Building and Land for Sale only. Does not include the businesses. Estimated Total Building Space is 3800 SF. Present Rental Income Est. at $81,000.00 per year....could be increase to over $95,000.00. The present Landlord/Owner has partitioned off three independent retail suites.....but, could be modified to simply have one units close to 2400 SF...and the other 750 SF. Landlord willing to discuss all options. Tenants from a rental standpoint, are responsible for their own fit-ups. Each has entrance doors and rear doors...except for the Middle suite. Present Tenants inlcude Panty Foods and Donkey's Steaks. This is a very rare opportunity to own a High Visibility, High Traffic Volume, strategically located strip center. Fantastic location for your future existing or new business. Leases are in place for the existing tenant, but there are buyout possibilities. Surrounded by housing developments, located next to Kings Grant & Barton Run. The zoning is such, that is can be used as a retail store, an office.... such as attorney, insurance agency, or other type of smaller professional office. Separately Controlled ...Three 5 Ton HVACs, (2 outside are York, 1 Inside is Carrier). Walk-in Cooler Est. 432 Sq. Ft,. Owners have just recently repaved the parking lot, driveway entrances, completely resurfaced the front with a new stone fa~ade, and Mansard Roof. This investment property is in a Prime Location...minutes from Routes 70 & 73, with easy access to all major highways including Routes 38 & 206, Interstate 295, NJ Turnpike and the Atlantic City Expressway. Short and easy access to shore resorts, upscale shopping & center city Philadelphia. Within close proximity to the high end Promenade Shopping Center & Marlton Square, and minutes away from the Cherry Hill & Moorestown Malls, the Market Place at Garden State, and Centerton Square Moorestown. It's approximately 30 minutes to center Philadelphia and 1.5 hours to New York City, and about an hours drive to Jersey beaches....not to mention the fact that it's centrally located in the Tri-State Area. This extraordinary property is priced to sell, and can be diversified.

PROPERTY FEATURES
MLS #: 1005921223
For Sale
448 Days on market
Property Type: Commercial Sale
Year Built: 2018
Lot Size: 0.46
Style: Other
Status: Active
Parking: Asphalt Driveway, Fenced, Handicap Parking, Lighted Parking, Paved Driveway, Paved Parking, Private
Property Subtype: Retail
Accessibility Features: None
Sale Type: Standard
Foundation: Concrete Perimeter
Heating Fuel: Natural Gas
Exterior Amenities: Highway Exposure, Sign
Number Of Units: 3
School District: Medford Township Public Schools
Water: Well
High School: SHAWNEE H.S.
Cooling: Roof Mounted, Central A/C
Sewer Access: Public Sewer

MAP
11 TOMLINSON MILL RD Medford, NJ 08055
11 TOMLINSON MILL RD Medford NJ 08055

Courtesy of: Keller Williams Realty-Marlton

Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS.

Updated: 21st April, 2019 8:24 AM.

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