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5045 Kaighn Avenue
Pennsauken, NJ 08109
MLS# NJCD2039238 ID: 79090432
$1,500,000
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Property Description
Commercial - PENNSAUKEN, NJ Excellent investment property, commercial building with great investment return. Two currently leased spaces, medical and dance studio will stay with sale to new owner. Additional 4,000sq. ft. warehouse space with 16 ft. ceilings, currently listed for rent. Warehouse is projected to rent for $3,000/mo. Dance studio pays $3,800/mo (mtm) and Spinal Dr office rent is $4,500/mo (NNN, 2 yrs remaining on lease). Fantastic location just off the Route 70 & 38 split, parking for approx. 30 cars in private lot. 8% Cap rates on 1,800,000 price at current rental rates and full occupancy. Please inquire with listing agent for more details and showings.
Property Features
Status
Days On Market 107 days
Last Updated March 21, 2023
Market Status Available
Description
Property Type Commercial
Year Built 1965
Building Features
Heating System Forced Air
Central Air
Exterior Features
Exterior Construction Block
Parking Paved or Surfaced; 30 spaces
Legal/Financial
Taxes 16842
Listing Features
Property Type Commercial;
Offered By:
Mark McKenna
EXP Realty, LLC

Data Provided by Bright MLS

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