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$975,000

For Sale

A month ago

5309 Marlton Pike, Pennsauken, NJ

House

MLS® NJCD2114850

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage 
Taxes $21,041
Days Active 29
Lot Size 
Approx. Age 1960
MLS® Number NJCD2114850

Property Address: 5309 Marlton Pike, Pennsauken, NJ, 08109-4749

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberNJCD2114850
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1960
Basement
DrivewayParking Lot
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 9, 2026List Date
$975,000List Price
  • Commute

Commute

Starting Address
Destination Address
5309 Marlton Pike, Pennsauken, NJ

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