Property

Pennsauken, NJ 08109 5309 Marlton Pike

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Presented By: Keller Williams Realty
  • MLS# NJCD2098978
  • 07/31/2025
  • Request Tour
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  • SQFT • 17,630

Home Details

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.
Presented By: Keller Williams Realty

Interior Features for 5309 Marlton Pike

Other Interior Features

Central Air Y/NYes
Heating FuelNone
Heating Y/NYes
Hot WaterElectric

General for 5309 Marlton Pike

AccessibilityNone
Business TypeOther/General Retail
Cap Rate7.03
CityPENNSAUKEN
Construction MaterialsBlock, Concrete
Cool FuelNone
CoolingCentral A/C
CountyCAMDEN
DirectionsGPS
Gross Income98058.00
HeatingCentral
Historic Y/NNo
Lot Size Square Feet17629.00
Lot Size UnitsSquare Feet
MLS AreaPennsauken Twp (20427)
MunicipalityPENNSAUKEN TWP
Net Operating Income69899.00
New ConstructionNo
Number Of Units Total0
OwnershipFee Simple
PossessionImmediate, Negotiable
Price Per Sq Ft Total AG99.5
Property SubtypeRetail
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount21041.0
Tax Assessed Value483500.0
Tax Lot00003 02
Tax Year2025
Total Actual Rent92400.00
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1960
Year Built SourceAssessor
ZoningC-2

Exterior for 5309 Marlton Pike

Building Area Total10000.00
Car Parking Spaces6
Fencing Y/NY
Land Assessed Value123000.00
Land Use Code
Lot Dimensions82.00 x 215.00
Lot Size Acres0.40
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks1
Total Parking Spaces8
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Brian Lee

Associate
Price $995,000
MLS#NJCD2098978
List Date 07/31/2025
Property Type Commercial
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