Cross Keys Place Shopping Center Listed for Sale in Gloucester County

South Jersey shopping center anchored by Old Navy, Petco for sale

Cross Keys Place in Sewell has been listed for sale, offering investors a highly occupied retail asset in Gloucester County. The shopping center is currently 96% leased.

The property spans approximately 148,000 square feet and is located at 141 Tuckahoe Road. Additionally, it sits about five miles east of Rowan University.

National retailers anchor the center, including Michaels, Petco, Old Navy, and The Edge Fitness Clubs.

The property also benefits from a shadow anchor. Although not included in the sale, the neighboring The Home Depot helps generate consistent customer traffic.

Current ownership includes DRA Advisors and DLC, which acquired the shopping center in 2023 as part of a larger retail portfolio transaction. Since then, the property has remained a well-leased neighborhood retail destination.

Tenant stability remains another strength. The shopping center’s weighted average lease term is approximately 5.5 years.

Several major tenants have committed to long-term occupancy. For example, The Edge Fitness Clubs’ lease extends through 2032, while Sky Zone remains under lease through 2036.

Together, those two tenants occupy approximately 72,000 square feet. Consequently, nearly half of the property’s space is secured for several more years.

The offering also includes a separate 14,000-square-foot retail strip center. Current tenants include AT&T, Great Clips, and Edward Jones.

Because the strip center has been subdivided, future owners may choose to sell or finance that portion separately. Overall, the offering provides investors with a stabilized retail asset backed by strong national tenants and long-term occupancy.

*Article courtesy of Philadelphia Business Journal

For more information about South Jersey retail space, or other commercial properties, please call 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage, advisory firm, and property management firm, is a premier South Jersey commercial real estate brokerage firm that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors, and sellers.