901 Old Marlton Pike W

Investment Highlights

? In the heart of one of Marlton?s primary commercial district corridors ? Multi-Office Setup ? Can be assembled for re-development ? Zoned C-1 ?Commercial ? 1, which allows for many different uses, redevelopment zoning overlay ? High Visibility & Traffic Counts ? Gas heat and central air, split systems

Executive Summary

Multi-tenant professional office building 85% leased and a possible development opportunity in an exceptional location in Marlton. Offers outstanding visibility on a main business corridor in Evesham Township, Burlington County, New Jersey. Located on heavily traveled Old Marlton Pike, the offshoot of Route 70 just beyond the intersection of N. Cropwell Road. 3,450 SF, 2-story building with ample parking in the C-1 zoning district. C-1 zoning includes such uses as professional office, medical office, retail, banking, day care, restaurant and some specialty uses. The property also falls in the Evesham Crossroads Overlay (EVCO) district which is a redevelopment zone designed to modernize one Marlton?s main corridors. The site has ingress and egress to both directions of Old Marlton Pike and may have the option for further access points. Evesham Township created the overlay district to encourage development which indicates growth and smart economic development is a priority. Located directly adjacent to the Bridal Garden which fronts to Route 70, this property is currently being utilized as a multi-tenant office building with 6 short term leases in place. Perfect for an investor looking for cash flow, an owner user needing a portion of the space while leasing out the rest, or a developer who can collect income as they go through the approval or assemblage process. Fantastic location. Easy access and short distance to all major highways including NJ Turnpike, Rte 295, Rte 70, Rte 73, Philadelphia and the shore.

• Sale Type    Investment or Owner User
• Property Type    Office
• Property Subtype    Medical Medical General Retail Restaurant General Retail Storefront Retail/Office Medical
• Building Size    3,450
• Building Class    C
• Year Built    1965
• Price    425,000
• Price Per SF    123
• Cap Rate    8.58
• NOI    36,453
• Percent Leased    100
• Tenancy    Multiple
• Building Height    2 Stories
• Typical Floor Size    1,947
• Slab To Slab    8?
• Building FAR    0.14
• Land Acres    0.56 AC

• Bus Line
• Signage
• Air Conditioning