Property Description
A very rare and unique . prime retail development, investment, purchase and/or ground lease opportunity. We are pleased to exclusively offer, a very desirable corner. 6.21-acre site (+/-270,507SF), including an est. 56,700 SF previous neighborhood supermarket center with 397 parking spaces, along with an est. 8,775 SF Office buildingpreviously anchored by Zallies ShopRite and Corporate offices. The Supermarket has relocated and is operational right down the street. The center is presently being cleared out of all equipment. Corporate offices will be vacated by April 1, 2026. This Center .is strategically located along Blackwood Clementons primary retail corridor. The centers entrance from Blackwood-Clementon Road is positioned with a signalized traffic light. The other entrance from College Drives traffic light has two exits and entrances. The shared main entrance is considered a private road and is maintained by the property owner. The township has traffic light easement rights for the traffic control. The centers ingress and egress offer convenient access to any potential customer base and tenants. The corridor has an incredibly dense market, and features a diverse mix of strong local, regional and national tenants like TD Bank, PNC Bank, Wells Fargo Bank, Bank of America, Firestone Autocare, Jiffy Lube, Eagle Diner, Giant Fitness, Wendys, WAWA, KFC, Popeyes, Taco Bell, Pep Boys, Dollar Tree, Filomena Cucina Italiana, 7 Eleven, Dunkin Donuts, and many more. This obviously enhances its appeal to potential developers and investors. The investment appeal is driven by the areas growth and local economy, supported by significant investments in infrastructure and urban revitalization. These factors, combined with a prime location and potential stable tenant base, position the center for long-term value and steady returns, making it a compelling opportunity in a thriving suburban retail market. Additionally, this 6.21-acre site could be redeveloped and used for several market sectors which includes Medical/Health Care, Educational, Retail, Business, Recreational, Hospitality, Public Sector, etc. This offering gives any investor the opportunity to acquire a stabilized asset with a synergistic potential tenant mix and substantial customer base.if desired. The property is located in Gloucester County. Situated parallel to a primary retail corridor just off Blackwood-Clementon Road and College Drive, this property has excellent visibility with a traffic count range of 28,000-30,000 vehicles per day. The area reflects strong demographics with a 5-mile dense population of an estimated 210,039, and average annual household incomes of $102,807 per year. The immediate upside potential for any development or rehabilitation is the value growth that comes with new tenant agreements and associated revenues. This opportunity certainly substantiates the potential for enhancements through the many types of improvements and redevelopment scenarios. especially for the right buyer. A short drive to the Ben Franklin, Walt Whitman, Tacony-Palmyra, and Burlington/Bristol Bridges connecting with I-95 & Bucks County, providing easy access to Philadelphia International Airport and Atlantic City International Airport.