Prominent South Jersey Retail Space for Sale or Lease in Vineland

Wolf Commercial Real Estate, a leading South Jersey commercial real estate broker, is now offering prominent South Jersey retail space for sale or lease. This retail space in South Jersey, ideal for either medical or retail use, is at 2330 Dante Avenue Vineland NJ.

There is +/- 11,200 square feet of South Jersey retail space available for sale or lease at 2330 Dante Avenue Vineland NJ. In addition, the busy signalized intersection of South Lincoln Avenue and Dante Avenue surrounds two sides of this retail space in South Jersey.

Please call for the asking sale price and the asking lease price for this South Jersey retail space. This retail space in South Jersey is available from Wolf Commercial Real Estate, a South Jersey commercial real estate broker that specializes in South Jersey commercial real estate listings and services.

This retail space in South Jersey at 2330 Dante Avenue Vineland NJ offers convenient access to both Route 40 and 55 and is near the Cumberland Mall and other high-traffic retailers. In addition, this South Jersey retail space for sale or lease has local management and ownership.

There is highly visible signage and abundant parking at this South Jersey retail space in South Jersey for sale or lease through Wolf Commercial Real Estate, a South Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings and services.

The total population within five miles of this South Jersey retail space is just more than 144,000 and the average household income in that same radius of this retail space in South Jersey is $66,340.

For more information about this South Jersey retail space for sale at 2330 Dante Avenue Vineland NJ, or about any other South Jersey commercial properties for sale, please contact Jason Wolf (856-857-6301; jason.wolf@wolfcre.com) or Ryan Barikian (856-857-6307; ryan.barikian@wolfcre.com) at Wolf Commercial Real Estate, a leading South Jersey commercial real estate broker.

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

Prime South Jersey Retail Space for Sale in Lindenwold

Wolf Commercial Real Estate, the foremost South Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings and services, now is offering prime South Jersey retail space for sale at 501-509 White Horse Pike Lindenwold NJ.

This South Jersey retail space for sale is an excellent retail investment opportunity and the asking sale price for this South Jersey retail space for sale is $1,200,000.

Contact Wolf Commercial Real Estate, a South Jersey commercial real estate broker that specializes in South Jersey commercial real estate listings and services, for more information about this retail space in South Jersey at 501-509 White Horse Pike Lindenwold NJ.

There is a total of 4,071 square feet at this South Jersey retail space for sale at 501-509 White Horse Pike Lindenwold NJ. This retail space in South Jersey sits on a 23,549 square foot lot and this retail space in South Jersey consists of two buildings containing three businesses, one of which is currently vacant.

This retail space in South Jersey has a net operating income of $226,000 from a restaurant, laundromat, and – with two residential units above the restaurant – this South Jersey retail space for sale at 501-509 White Horse Pike Lindenwold NJ is ideal for an owner-occupant.

With frontage on the White Horse Pike, there is high visibility at this retail space in South Jersey, which is available through Wolf Commercial Real Estate, a South Jersey commercial real estate brokerage firm.  There is convenient access to Routes 42 and 676 and all bridges to Philadelphia from this South Jersey retail space for sale.

More than 216,000 potential customers live within five miles of this South Jersey retail space for sale at 501-509 White Horse Pike Lindenwold NJ and the average household income within that same radius of this retail space in South Jersey in $85,811.

For more information about this South Jersey retail space for sale at 501-509 White Horse Pike Lindenwold NJ or about any other South Jersey commercial properties for sale or lease, please contact Michael Scanzano (856-857-6386; mike.scanzano@wolfcre.com) or Phil Costa (215-799-6195; phil.costa@wolfcre.com) at Wolf Commercial Real Estate, a South Jersey commercial real estate broker.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier South Jersey commercial real estate broker that provides a full range of South Jersey commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, warehouse properties, industrial properties, land properties, retail spaces and other South Jersey commercial properties for buyers, tenants, investors and sellers. Please visit our websites for a full listing of South Jersey commercial properties for sale or lease through our South Jersey commercial real estate brokerage firm.

Royal Farms location in South Jersey sells for $6.4M

One of Royal Farms’ new properties in South Jersey changed hands for $6.4 million, less than a year after the same developer sold another new Royal Farms site for the same price.
Property records show an LLC tied to Bala Cynwyd-based Moreland Development sold the convenience store and gas station at 680 Cross Keys Rd. in Sicklerville to Global Village LLC, which is linked to a residential address in Vienna, Virginia.
The store opened in November and is located less than a mile from the busy Rt. 42 corridor. It’s among 10 Royal Farms locations that have cropped up in New Jersey in recent years. The Baltimore-based chain, known for its fried chicken, continues to expand in the Philadelphia area as it tries to eat away at Wawa’s hold on the region’s convenience store market.
Both Royal Farms’ and Wawa’s growth in the region have created new opportunities for real estate investors looking for stable assets, as convenience stores with gas stations are often located on desirable, high-traffic corners and have long-term, reliable tenants. New stores are set to open in Marlton in Burlington County and Manville, Somerset County, which marks Royal Farms’ first foray into Central Jersey.

Moreland also sold the Royal Farms site it developed in Voorhees to a New York property management company for $6.4 million last year, and sold Royal Farms’ first location in Philadelphia to a local investor for $7.26 million in 2017.

*Article courtesy of Philadelphia Business Journal

For more information about this South Jersey retail space or about any other South Jersey commercial properties for sale or lease, please contact the team at Wolf Commercial Real Estate, a South Jersey commercial real estate broker at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier South Jersey commercial real estate broker that provides a full range of South Jersey commercial real estate listings and services related to this retail space. Wolf Commercial Real Estate also offers property management services, and marketing commercial offices, medical properties, warehouse properties, industrial properties, land properties, retail spaces and other South Jersey commercial properties for buyers, tenants, investors and sellers. Please visit our websites for a full listing of South Jersey commercial properties for lease or sale through our South Jersey commercial real estate brokerage firm.

Another Wawa will rise in South Jersey after securing final approval

Another Wawa will rise in South Jersey

Wawa’s construction boom in South Jersey continues as developers secured a final approval this week to build a new Wawa in Gibbsboro.

The Camden County Planning Board approved a final site plan Tuesday night to build the convenience store and gas station at the corner of Lakeview Drive, also known as Rt. 561, and Clementon Road in the borough. It was the final hurdle for the project after it secured the borough’s approval last month.

The developer, Marlton-based J&J Development Group, bought four parcels at the corner, including three homes and a vacant gas station. It plans to demolish the structures and build a 5,585-square-foot Wawa with 12 gas pumps on the roughly 2.4-acre tract.

It’s unclear whether an older Wawa located in a small shopping plaza about a half mile down Lakeview Drive will close once the new one opens. A Wawa spokesperson didn’t immediately respond to a request for comment Thursday.

Construction will likely begin in April, Jim Angeloni, a partner at J&J Development Group, told the Business Journal. He said J&J has developed more than seven Wawa sites in recent years and is in the approval process to construct about five more in South Jersey.

The site in Gibbsboro is ideal for development since it’s on a busy corner along a high-traffic roadway, he said. It sits just about a mile from the bustling commercial plazas on Rt. 561 in Voorhees.

Wawa sites are attractive properties for investors, Angeloni said. Wawa typically signs long-term leases and most are located in prime corner spots at major intersections. Former Philadelphia Eagle Darwin Walker, who’s turned toward commercial real estate investing in his post-NFL career, purchased two newer Wawa sites last year for a total of $6.8 million.

“It’s great real estate at the end of the day,” Angeloni said. “Wawa is a strong credit tenant that has a great operation.”

*Article courtesy of Philadelphia Business Journal

For more information about this South Jersey retail space or about any other South Jersey commercial properties for sale or lease, please contact the team at Wolf Commercial Real Estate, a South Jersey commercial real estate broker at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier South Jersey commercial real estate broker that provides a full range of South Jersey commercial real estate listings and services related to this retail space. Wolf Commercial Real Estate also offers property management services, and marketing commercial offices, medical properties, warehouse properties, industrial properties, land properties, retail spaces and other South Jersey commercial properties for buyers, tenants, investors and sellers. Please visit our websites for a full listing of South Jersey commercial properties for lease or sale through our South Jersey commercial real estate brokerage firm.

South Jersey Retail Power Center Trades for $60M

Hamilton Commons

Hamilton Commons, is a South Jersey Retail Power Center that recently traded for $60M. The property is 93% leased to 34 tenants, including Regal Cinemas, Hobby Lobby, Marshalls, Ross Dress for Less and Big Lots, which serve as anchor tenants.

New York City-based Time Equities Inc. has acquired the Hamilton Commons retail power center here in Southern New Jersey for $60-million.

The 403,050-square-foot property in this Atlantic City community was sold by Retail Value, Inc. of Beachwood, OH. Net proceeds equal to 105% of the property’s allocated loan amount were used to repay mortgage debt associated with Retail Value Inc. with the remaining proceeds retained as cash. Subsequent to the transaction, RVI owned interests in 15 properties in the continental U.S. and 12 properties in Puerto Rico.

Hamilton Commons is located on 61.2 acres at 190 Hamilton Commons Dr. approximately 12 miles west of Atlantic City and one mile from Exit 12 of the Atlantic City Expressway (Interstate 495), a major regional thoroughfare connecting Atlantic City to the Philadelphia MSA.

The property is 93% leased to 34 tenants, including Regal Cinemas, Hobby Lobby, Marshalls, Ross Dress for Less and Big Lots, which serve as anchor tenants.

*Article courtesy of Globest

For more information about this South Jersey retail space or about any other South Jersey commercial properties for sale or lease, please contact the team at Wolf Commercial Real Estate, a South Jersey commercial real estate broker at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier South Jersey commercial real estate broker that provides a full range of South Jersey commercial real estate listings and services related to this retail space. Wolf Commercial Real Estate also offers property management services, and marketing commercial offices, medical properties, warehouse properties, industrial properties, land properties, retail spaces and other South Jersey commercial properties for buyers, tenants, investors and sellers. Please visit our websites for a full listing of South Jersey commercial properties for lease or sale through our South Jersey commercial real estate brokerage firm.

Premier South Jersey Retail Space for Sale or Lease in Berlin

Wolf Commercial Real Estate, the leading South Jersey commercial real estate brokerage firm with expertise in South Jersey commercial real estate listings and services, now has available South Jersey retail space for sale or lease at 545 Route 73 Berlin NJ.

This South Jersey retail property for sale or lease is a currently operating fitness center and this free-standing retail building in South Jersey contains 35,000 square feet of retail space in South Jersey. This retail building in South Jersey at 545 Route 73 Berlin NJ sits on a 3.8-acre lot.

The asking sale price for this South Jersey retail building for sale or lease is $2,800,000 and the asking lease price for this retail property in South Jersey at 545 Route 73 Berlin NJ is $9.00/SF NNN. This South Jersey retail property for sale or lease is available through Wolf Commercial Real Estate, a South Jersey commercial real estate broker that specializes in South Jersey commercial real estate listings and services.

This retail space in South Jersey is adjacent to Sahara Sam’s water park and is near many national retail outlets and office complexes. This South Jersey retail building for sale or lease is being offered through Wolf Commercial Real Estate, a South Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings and services.

There is abundant parking at this retail space in South Jersey. Route 73, I-295, the Atlantic City Expressway, and the New Jersey Turnpike are nearby this South Jersey retail property for sale or lease. There also are excellent signage opportunities at this retail building in South Jersey with both building and pylon signage available.

More than 128,000 residents live within five miles of this South Jersey retail space for sale.  The average household income in the same five-mile radius of this retail space in South Jersey is $97,534.

For more information about this South Jersey retail space for sale or lease at 545 Route 73 Berlin NJ, or about any other South Jersey commercial properties for sale or lease, please contact Chris Henderson (856-857-6337; chris.henderson@wolfcre.com) or Michael Scanzano (856-857-6386; mike.scanzano@wolfcre.com) at Wolf Commercial Real Estate, a leading South Jersey commercial real estate broker.

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

10 South Jersey Wendy’s locations sell for $25 million

10 South Jersey Wendy's locations sell for $25 million

A New Jersey-based restaurant and hospitality group has sold 10 of its Wendy’s restaurant properties across South Jersey in deals collectively worth more than $25 million, property records show.

The Briad Group, headquartered in Livingston, Essex County, sold four other area Wendy’s locations late last summer, meaning in roughly six months, it’s shed at least 14 Wendy’s properties for a total of more than $33.2 million. The sales involve the real estate holding the restaurants.

Wendy’s restaurants are typically in a 3,000-square-foot building and situated on a half to full acre of land, according to Net Lease Advisor. Lease terms are generally 20 years with options to extend.

The recent sales were to various entities, listed below.

The Briad Group did not return a request for comment.

Briad owns and operates 111 franchised Wendy’s in New Jersey, New York and Pennsylvania, according to its website. It also owns more than a dozen Zinburgers on the East Coast, and its hotel division has developed, owned and managed 34 Marriott and Hilton-branded hotels. Most recently, it celebrated the grand opening of an AC Hotel by Marriott in Bridgewater, Somerset County, that’s connected to a Zinburger via a walkway.

In New Jersey, it’s also building a Courtyard by Marriott in Hamilton; a Homewood Suites by Hilton in Edison and an Element by Westin, part of Marriott International, in Wood-Ridge, Bergen County. Briad has recently expanded its hospitality brand to the West Coast, as it’s in the midst of developing an AC Hotel in San Diego.

Here’s a list of the Wendy’s properties Briad sold since October:

  • 300 South Black Horse Pike in Bellmawr and 2400 Church Road in Cherry Hill both sold to an LLC based in Saugerties, New York, for $2.7 million and $2.4 million, respectively.
  • 500 Cross Keys Rd. in Winslow and 685 N. Delsea Drive in Glassboro both sold to Bethlehem-based Fifth Street Properties for $2.5 million and $3.2 million, respectively.
  • 732 N. Crescent Boulevard in Pennsauken sold to a EMNJ RE, an LLC based in Flourtown, Pennsylvania, for $3.1 million.
  • 1140 Rt. 73 in Mount Laurel sold to New York-based Canal Real Estate Corp. for $2.8 million.
  • 1149 Hurffville Rd. in Deptford sold to Staten Island-based Forest Management LCC for $2.9 million.
  • 704 Mantua Pike in Woodbury Heights sold to two LLCs based in Bridgehampton, New York, CG 704 Mantua and PW 704 Manuta, for $2.2 million.
  • 5480 Rt. 42 in Washington Township, Gloucester County, sold to New York City-based Winchester Development Group for $575,000.
  • 2741 Rt. 42 in Washington Township, Gloucester County, sold to Baldwin, New York-based SPJ Distributors for $2.7 million.

*Article courtesy of Philly Biz Journal

For more information about this South Jersey retail space or about any other South Jersey commercial properties for sale or lease, please contact the team at Wolf Commercial Real Estate, a South Jersey commercial real estate broker at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier South Jersey commercial real estate broker that provides a full range of South Jersey commercial real estate listings and services related to this retail space. Wolf Commercial Real Estate also offers property management services, and marketing commercial offices, medical properties, warehouse properties, industrial properties, land properties, retail spaces and other South Jersey commercial properties for buyers, tenants, investors and sellers. Please visit our websites for a full listing of South Jersey commercial properties for lease or sale through our South Jersey commercial real estate brokerage firm.

Two South Jersey shopping centers sell for over $43M

South Jersey shopping centers sell for over $43M

Two South Jersey shopping centers sell for over $43M. The deal comes just two weeks after another shopping center, also anchored by a grocery story, nearby in Mount Laurel sold for $18.25 million.

A nearly 100,000-square-foot shopping plaza anchored by a ShopRite sold for $25 million in South Jersey, about two weeks after another grocery-anchored plaza nearby traded hands for $18.25 million.

The Cross Roads Plaza, located at 1520 Rt. 38 on the border of Hainesport and Lumberton townships in Burlington County, was bought by Medipower Public Co. Ltd., an international real estate investment firm that’s based in Cyprus and trades on the Tel Aviv Stock Exchange.

The deal expands Medipower’s portfolio in the region, after it bought another grocery-anchored plaza in Blue Bell last month. The firm purchased Centre Square Commons, an 88,598-square-foot Aldi-anchored shopping center at routes 202 and 73, for $40 million. It also owns the North End Center, anchored by Redners, in Pottstown and three similar plazas elsewhere in Pennsylvania, including two in Reading and one in Lebanon.

Cross Roads’ seller was a joint partnership between Madison International Realty and SITE Center Corp.

In addition to the 70,818-square-foot ShopRite, Cross Roads includes a free-standing Wawa with full-service gas and a Wells Fargo branch. The plaza is also shadow-anchored by a Lowe’s home improvement store on an adjacent but separately owned property. Cross Roads sits on both a busy commercial corridor and close to affluent and middle-class neighborhoods in Lumberton.

The sale comes just about two weeks after the sale of another grocery-anchored plaza located just about four miles west on Rt. 38 in Mount Laurel. The 128,172-square-foot Larchmont Commons is anchored by an Aldi and a Planet Fitness but also includes a Dollar Tree, UPS Store, Hair Cuttery and Primo Hoagies.

Shopping centers anchored by grocery stores are increasingly in-demand as investors turn to properties where tenants aren’t at a high risk of being pushed out of business by e-commerce sales.

Most recently, area retail properties in Jenkintown, Exton and Newtown Square that each have a Whole Foods as the lead tenant traded for steep prices. Baederwood Shoppes, the center in Jenkintown, sold for $44 million.

The Shops at Blue Bell, another grocery-anchored center less than two miles away from Centre Square Commons, traded last year for $29 million.

*Article courtesy of Biz Journal

For more information about this South Jersey retail space or about any other South Jersey commercial properties for sale or lease, please contact the team at Wolf Commercial Real Estate, a South Jersey commercial real estate broker at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier South Jersey commercial real estate broker that provides a full range of South Jersey commercial real estate listings and services related to this retail space. Wolf Commercial Real Estate also offers property management services, and marketing commercial offices, medical properties, warehouse properties, industrial properties, land properties, retail spaces and other South Jersey commercial properties for buyers, tenants, investors and sellers. Please visit our websites for a full listing of South Jersey commercial properties for lease or sale through our South Jersey commercial real estate brokerage firm.

Prime South Jersey Retail Space for Lease near Medford Lakes

Wolf Commercial Real Estate, the foremost South Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings and services, now is offering prime South Jersey retail space for lease at 413-415 Stokes Road Medford NJ in the Cross Keys Shopping Center.

Just outside Medford Village, just minutes away from Medford Lakes, this South Jersey retail space for lease is in the bustling Medford business community and, with such a location, this South Jersey retail space for lease is ideal for any retail use.

Contact Wolf Commercial Real Estate, a South Jersey commercial real estate broker that specializes in South Jersey commercial real estate listings and services, for more information about this retail space in South Jersey at 413-415 Stokes Road Medford NJ.

There are two suites of South Jersey retail space for lease at this South Jersey retail space for lease at 413-415 Stokes Road Medford NJ in the Cross Keys Shopping Center.  One suite at this retail space in South Jersey is 1,200 sf and the other suite available at this retail space in South Jersey is 2,400 sf.

This retail space in South Jersey has tenant signage available directly on Stokes Road and, in addition, this South Jersey retail space for lease at 413-415 Stokes Road Medford NJ has abundant parking. This retail space in South Jersey is available through Wolf Commercial Real Estate, a South Jersey commercial real estate brokerage firm.

More than 51,000 potential customers live within five miles of this South Jersey retail space for lease at 413-415 Stokes Road Medford NJ in the Cross Keys Shopping Center and the average household income within that same radius of this retail space in South Jersey in $106,737.

For more information about this South Jersey retail space for lease at 413-415 Stokes Road Medford NJ or about any other South Jersey commercial properties for sale or lease, please contact Ryan Barikian (856-857-6307; ryan.barikian@wolfcre.com) or Michael Scanzano (856-857-6386; mike.scanzano@wolfcre.com) at Wolf Commercial Real Estate, a South Jersey commercial real estate broker.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier South Jersey commercial real estate broker that provides a full range of South Jersey commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, warehouse properties, industrial properties, land properties, retail spaces and other South Jersey commercial properties for buyers, tenants, investors and sellers. Please visit our websites for a full listing of South Jersey commercial properties for lease or sale through our South Jersey commercial real estate brokerage firm.

South Jersey Retail Space for Lease in Deptford

Wolf Commercial Real Estate, the leading South Jersey commercial real estate brokerage firm with expertise in South Jersey commercial real estate listings and services, now has available South Jersey retail space for lease at 1245 Hurffville Road Deptford NJ.

This South Jersey retail property for lease has tenant signage directly on Hurffville Road and, additionally, this retail building in South Jersey has abundant parking.

Please call for information about the asking lease price for this retail space in South Jersey at 1245 Hurffville Road Deptford NJ. This South Jersey retail property for lease is available through Wolf Commercial Real Estate, a South Jersey commercial real estate broker that specializes in South Jersey commercial real estate listings and services.

New tenants at this South Jersey retail building for lease will be joining Avis, Budget, and Sherwin Williams, and this retail space in South Jersey is within a quarter mile of the Deptford Mall.

There is a strong daytime population surrounding this retail property in South Jersey at 1245 Hurffville Road Deptford NJ. For your convenience, this South Jersey retail building for lease is being offered through Wolf Commercial Real Estate, a South Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings and services.

There is excellent visibility of this retail space in South Jersey and, in addition, there is direct access to Hurffville Road from this South Jersey retail property for lease. The average household income within a one-mile radius of this retail building in South Jersey is $82,745.

For more information about this South Jersey retail space for lease at 1245 Hurffville Road Deptford NJ, or about any other South Jersey commercial properties for lease, please contact Ryan Barikian (856-857-6307; ryan.barikian@wolfcre.com) or Michael Scanzano (856-857-6386; mike.scanzano@wolfcre.com) at Wolf Commercial Real Estate, a leading South Jersey commercial real estate broker.

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