1. New Jersey
2. Pennsauken
3. 5309 MARLTON PIKE

5309 MARLTON PIKE, Pennsauken, NJ 08109

Property Description

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.

Listing Status:

Active

Listing Office:

Keller Williams Realty : 8563211212

Listing Agent:

Jason Kleinman : 9082173922

MLS ID:

NJCD2098978

Interior

• A/C: Central A/C
• Heating: Central
• Disability Feature: None

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Jason Kleinman, Keller Williams Realty