South Jersey Retail Space for Lease on the White Horse Pike

Wolf Commercial Real Estate, a South Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings and services, now has available South Jersey retail space for lease at 116 North White Horse Pike Lawnside NJ.

This well-kept South Jersey retail space has +/- 5,800 square feet available at 116 North White Horse Pike Lawnside NJ. This South Jersey retail space for lease is a shared building with long-time tenant VG Liquors and there is monument signage available at this South Jersey retail space.

Please call for the asking lease price for this South Jersey retail space at 116 North White Horse Pike Lawnside NJ. This retail space in South Jersey is available through Wolf Commercial Real Estate, a leading South Jersey commercial real estate broker that specializes in South Jersey commercial real estate listings and services.

Located on the highly travelled White Horse Pike/Route 30, this South Jersey retail space for lease at 116 North White Horse Pike Lawnside NJ has an average of 20,000 vehicles drive by each day. This South Jersey retail space for lease also has ample parking of 20 spaces in a well-maintained lot.

This South Jersey retail space for lease at 116 North White Horse Pike Lawnside NJ offers easy access to Interstate 295, Kings Highway, Warwick Road, and other area arteries. This South Jersey retail space is near various restaurants and other amenities.

There are many well-known tenants surrounding this South Jersey retail space for lease available through Wolf Commercial Real Estate, a leading South Jersey commercial real estate broker. Among the retail businesses nearby this retail space in South Jersey at 116 North White Horse Pike Lawnside NJ are Home Depot, ShopRite, and Wendy’s.

For more information about this South Jersey retail space for lease, or about any other South Jersey commercial properties for sale or lease, please contact Phil Costa (215-799-6195; phil.costa@wolfcre.com) or Ryan Barikian (856-857-6307; ryan.barikian@wolfcre.com) at Wolf Commercial Real Estate, the foremost South Jersey commercial real estate broker.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier South Jersey commercial real estate broker that provides a full range of South Jersey commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings, and other South Jersey commercial properties for buyers, tenants, investors, and sellers. Please visit our websites for a full listing of South Jersey commercial properties for sale or lease through our South Jersey commercial real estate brokerage firm.

South Jersey Retail Space with High Visibility for Sale or Lease in Brooklawn

Wolf Commercial Real Estate, the foremost South Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings and services, is now offering high visibility South Jersey retail space for sale or lease at 302 Crescent Boulevard Brooklawn NJ.

There is a total of +/- 7,400 sf at this South Jersey retail space for sale or lease at 302 Crescent Boulevard Brooklawn NJ: +/- 5,000 sf of warehouse space and +/- 2,400 sf of retail space in South Jersey.

The asking sale price for this retail space in South Jersey at 302 Crescent Boulevard Brooklawn NJ is $775,000 while the asking lease price is $8.50 sf at this South Jersey retail space for sale or lease.

This South Jersey retail space for sale or lease has great visibility with its Route 130 frontage and, in addition, a new roof was installed at this South Jersey retail space for sale or lease in 2015. There is easy access to Interstate 295, the New Jersey Turnpike, and the Black Horse Pike from this retail space in South Jersey.

This retail space in South Jersey is available through Wolf Commercial Real Estate, a South Jersey commercial real estate broker that specializes in South Jersey commercial real estate listings and services.

There also is a drive-in garage door and a 16-foot ceiling height at this retail space in South Jersey in addition to 1 and 3 phase electric service. This retail space in South Jersey is available through Wolf Commercial Real Estate, a South Jersey commercial real estate brokerage firm.

Nearly 405,000 potential customers live within five miles of this South Jersey retail space for sale or lease at 302 Crescent Boulevard Brooklawn NJ and the average household income within that same radius of this retail space in South Jersey is $65,378.

For more information about this South Jersey retail space for sale or lease at 302 Crescent Boulevard Brooklawn NJ or about any other South Jersey commercial properties for sale or lease, please contact Bethany Brown (856-857-6396; bethany.brown@wolfcre.com) or Phil Costa (609 680 4942; phil.costa@wolfcre.com) at Wolf Commercial Real Estate, a South Jersey commercial real estate broker.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier South Jersey commercial real estate broker that provides a full range of South Jersey commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, warehouse properties, industrial properties, land properties, retail buildings and other South Jersey commercial properties for buyers, tenants, investors, and sellers. Please visit our websites for a full listing of South Jersey commercial properties for sale or lease through our South Jersey commercial real estate brokerage firm.

South Jersey Retail Space for Lease in Lawnside

Wolf Commercial Real Estate, the foremost South Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings and services, now is offering well-kept South Jersey retail space for lease at 116 North White Horse Pike Lawnside NJ.

There is +/-5,800 sf of retail space in South Jersey in this building that is shared with long-time tenant VG Liquors. There is monument signage available at this South Jersey retail space for lease at 116 North White Horse Pike Lawnside NJ.

Please call for information about the asking lease price for this retail space in South Jersey. This South Jersey retail space for lease at 116 North White Horse Pike Lawnside NJ is available through Wolf Commercial Real Estate, a South Jersey commercial real estate broker that specializes in South Jersey commercial real estate listings and services.

There is ample parking at this retail space in South Jersey. The well-maintained parking lot at this South Jersey retail space for lease at 116 North White Horse Pike Lawnside NJ has more than 20 spaces. There is easy access to Interstate 295 from this retail space in South Jersey.

Multiple national tenants such as Home Depot, ShopRite, and Wendy’s surround this retail space in South Jersey. This retail space in South Jersey is available through Wolf Commercial Real Estate, a South Jersey commercial real estate brokerage firm.

This South Jersey retail space for lease at 116 North White Horse Pike Lawnside NJ is on the heavily travelled White Horse Pike/U.S. Highway 30. More than 20,000 vehicles a day pass by this retail space in South Jersey.

For more information about this South Jersey retail space for lease at 116 North White Horse Pike Lawnside NJ or about any other South Jersey commercial properties for sale or lease, please contact Phil Costa (215-799-6195; phil.costa@wolfcre.com) or Ryan Barikian (856-857-6307; ryan.barikian@wolfcre.com) at Wolf Commercial Real Estate, a South Jersey commercial real estate broker.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier South Jersey commercial real estate broker that provides a full range of South Jersey commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, warehouse properties, industrial properties, land properties, retail buildings and other South Jersey commercial properties for buyers, tenants, investors, and sellers. Please visit our websites for a full listing of South Jersey commercial properties for lease or sale through our South Jersey commercial real estate brokerage firm.

Highly Visible South Jersey Retail Space for Sale or Lease in Brooklawn

Wolf Commercial Real Estate, a leading South Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings and services, is now offering highly visible retail space in South Jersey for sale or lease at 302 Crescent Boulevard Brooklawn NJ.

This South Jersey retail space for sale or lease in Brooklawn has +/- 7,400 sf of divisible space, which breaks down to +/-5,000 sf of warehouse space and +/- 2,400 sf of retail space in South Jersey for sale or lease.

The asking lease price for this retail space in South Jersey is $8.50/sf and the asking sale price for this retail space in South Jersey is $775,000. This retail space in South Jersey for sale or lease is available through Wolf Commercial Real Estate, a South Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings and services.

This South Jersey retail space for sale or lease at 302 Crescent Boulevard Brooklawn NJ has great visibility with Route 130 frontage. With easy access to Interstate 295, the New Jersey Turnpike, and the Black Horse Pike, this retail space in South Jersey in close to numerous retail and restaurant establishments.

There is a drive-in garage door at this retail space in South Jersey there are 17 parking spaces at this retail space for sale or lease in South Jersey. In addition, this retail space in South Jersey had a new roof installed in 2015, and there are 16-foot ceilings at this retail space in South Jersey.

The average household income within five miles of this retail space in South Jersey at 302 Crescent Boulevard Brooklawn NJ is $65,378 and there are nearly 404,000 residents living within a five-mile radius of this retail space in South Jersey. This South Jersey retail space for sale or lease is available through Wolf Commercial Real Estate, a South Jersey commercial real estate broker that specializes in South Jersey commercial real estate listings and services.

For more information about this South Jersey retail space for sale or lease in South Jersey at 302 Crescent Boulevard Brooklawn NJ, about other retail space in South Jersey, or about any other South Jersey commercial properties for sale or lease, please contact Bethany Brown (856-857-6396; bethany.brown@wolfcre.com) or Phil Costa (215-799-6195; phil.costa@wolfcre.com) at Wolf Commercial Real Estate, a South Jersey commercial real estate broker.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier South Jersey commercial real estate broker that provides a full range of South Jersey commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other South Jersey commercial properties for buyers, tenants, investors, and sellers. Please visit our websites for a full listing of South Jersey commercial properties for lease or sale through our South Jersey commercial real estate brokerage firm.

Retail Vacancies Spike in South Jersey as Prospective Tenants Remain Skittish on New Leases

Retail vacancies are rising across South Jersey as ripple effects of Covid-19 continue to grow nearly a year after the pandemic first hit the region.

A new report from Wolf Commercial Real Estate on the South Jersey market found that Burlington County’s retail vacancy rate jumped to 10% in the fourth quarter, up from 7.6% in the prior three-month period. The increase marks the largest consecutive quarter-to-quarter jump in the past three years.

At the same time, Camden County hit 10.5% retail vacancy, up from 9.7% in the third quarter. It started 2020 at about a 6% retail vacancy rate.

In Gloucester County, the rate is up to 13.7%, from 11.7% at the start of last year.

The rising number of vacancies in the region reflect the financial hardships many businesses, especially independently owned restaurants, faced earlier in 2020, said Jason Wolf, managing principal of Wolf Commercial in Marlton.

“We’re finally starting to see the true numbers come to light,” he said.

While South Jersey saw an impact from big-name retail store closures, Wolf said it’s the closure of small “mom and pop” operators driving the vacancy increase.

Throughout 2020, South Jersey lost independent restaurants like Collingswood staple El Sitio Grill & Cafe, Haddonfield’s Villa Rosa pizzeria and Vitarelli’s Italian restaurant in Cherry Hill. The Smith restaurant group, which operates five concepts across New Jersey and Pennsylvania, permanently closed its Brickwall Tavern in Burlington City. Charlie Brown’s last two South Jersey locations also shut down in Woodbury and Westampton.

“My heart bleeds right now for these restaurant operators,” Wolf said, adding the ones still holding on are struggling to survive. “These people all had thriving business and they’re all on the verge of going out of business, battling revenues being down 50%, 60%.”

Clothing stores have also suffered. One operator of a men’s clothing store told Wolf that “suits are the new tuxedo,” as demand for professional attire sank during Covid-19.

When retail vacancies are filled, Wolf said it’s often with an alternative usage like a health care office. Empty big-box stores are being used for warehouse and distribution space. While not filling a vacancy, the Moorestown Mall’s owner, Pennsylvania Real Estate Investment Trust, also recently secured approvals to build more than 1,000 apartments and a hotel at the shopping center.

“I think you’re going to see these retailers evolve into a more diverse strategy,” he said.

Wolf is cautiously optimistic about what 2021 has in store for the South Jersey commercial real estate market, especially later in the year when there’s more clarity into the future of the pandemic. People are calling, he said, but they’re just not ready to make a move just yet.

“The demand is there, we just have to get people through making decisions,” he said. “There’s a lot of tire-kicking going on.”

On the retail side, he said quality retail locations in high-visibility areas will come out fine on the other side. Mom and pop retail fronts in peripheral areas Wolf believes may face more of a challenge.

“I worry, yes,” he said.

*Article courtesy of Philadelphia Business Journal

For more information about New Jersey or Philadelphia retail space, or other New Jersey and Philadelphia commercial properties, please call 856-857-6300 to speak with Jason Wolf (jason.wolf@wolfcre.com) at Wolf Commercial Real Estate, a leading New Jersey and Philadelphia commercial real estate broker that specializes in both New Jersey and Philadelphia office space, New Jersey and Philadelphia retail space, and New Jersey and Philadelphia industrial space.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage, and advisory firm, is a premier New Jersey and Philadelphia commercial real estate brokerage firm that provides a full range of New Jersey and Philadelphia commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other New Jersey and Philadelphia commercial properties for buyers, tenants, investors, and sellers.

A New Jersey and Philadelphia commercial real estate broker with expertise in New Jersey and Philadelphia commercial real estate listings, Wolf Commercial Real Estate provides unparalleled expertise in matching companies and individuals seeking new New Jersey and Philadelphia retail space with the New Jersey and Philadelphia commercial properties that best meets their needs.

As experts in both Philadelphia and New Jersey commercial real estate listings and services, the team at our commercial real estate brokerage firm provides ongoing detailed information about Philadelphia and New Jersey commercial properties to our clients and prospects to help them achieve their real estate goals.  If you are looking for New Jersey or Philadelphia office space, Philadelphia or New Jersey retail space, or New Jersey or Philadelphia industrial space for sale or lease, Wolf Commercial Real Estate is the New Jersey and Philadelphia commercial real estate broker you need – a strategic partner who is fully invested in your long-term growth and success.

Please visit our websites for a full listing of South Jersey, Philadelphia, and New Jersey commercial properties for lease or sale through our Philadelphia commercial real estate brokerage firm.

South Jersey Retail Space for Sale in Southampton

Wolf Commercial Real Estate, the foremost South Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings and services, now is offering premier South Jersey retail space for sale at 101 Red Lion Road Southampton NJ.

This South Jersey retail building for sale has been in operation since 1923 as the Red Lion Inn. The restaurant sits on a one-acre corner lot and this South Jersey retail space for sale includes an additional 8.7 acres that currently is zoned as farmland.

The asking sale price for this retail space in South Jersey at 101 Red Lion Road Southampton NJ is $1,400,000. This three-story retail space in South Jersey is available through Wolf Commercial Real Estate, a South Jersey commercial real estate broker that specializes in South Jersey commercial real estate listings and services.

There is a total of +/- 5,000 square feet of South Jersey retail space for sale at 101 Red Lion Road Southampton NJ. This retail space in South Jersey includes a four-bedroom apartment that’s upstairs from the restaurant, bar, and kitchen. All restaurant equipment in the kitchen of this South Jersey retail building for sale is included in the sale and the liquor license and restaurant business at this retail space in South Jersey are available separately.

This retail building for sale in South Jersey sits just off the heavily traveled Route 70 and Route 206 and there is a beautiful circular bar with seating for more than 40 at this retail space in South Jersey, which is available through Wolf Commercial Real Estate, a South Jersey commercial real estate brokerage firm.

Nearly 21,000 people live within five miles of this South Jersey retail space for sale at 101 Red Lion Road Southampton NJ and the average household income within that same radius of this retail space in South Jersey is $117,279.

For more information about this South Jersey retail space for sale at 101 Red Lion Road Southampton NJ or about any other South Jersey commercial properties for sale or lease, please contact Ryan Barikian (856-857-6307; ryan.barikian@wolfcre.com) at Wolf Commercial Real Estate, a South Jersey commercial real estate broker.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier South Jersey commercial real estate broker that provides a full range of South Jersey commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, warehouse properties, industrial properties, land properties, retail buildings and other South Jersey commercial properties for buyers, tenants, investors, and sellers. Please visit our websites for a full listing of South Jersey commercial properties for sale or sale through our South Jersey commercial real estate brokerage firm.

Sterling Organization Acquires 94,550 sq. ft. Grocery-Anchored Shopping Center in Sewell, NJ

West Palm Beach, FL, Jan. 07, 2021 (GLOBE NEWSWIRE) — Sterling Organization, a vertically integrated private equity real estate investment firm, has announced the acquisition of Mill Pond Village, a grocery-anchored property located in Sewell, NJ, an affluent suburb approximately 14 miles from downtown Philadelphia.

Mill Pond Village is a 94,550-square-foot, 95% occupied shopping center anchored by a highly productive ShopRite grocery store, including a ShopRite Liquors. ShopRite, the dominant grocer in Southern New Jersey, has called Mill Pond Village its home for over 13 years. The property is located in an affluent southeastern Philadelphia suburb that is home to a population base of over 60,000 people earning an average annual household income exceeding $120,000 within a 3-mile radius of the property.

With the addition of Mill Pond Village, the West Palm Beach, FL-based firm, along with its principals and investment partners, currently own 68 properties from coast to coast, comprising more than 12 million square feet of primarily retail real estate exceeding $2 billion in value.

*Article courtesy of CityBlitz

For more information about South Jersey retail space for sale or lease in South Jersey or about any other South Jersey properties for sale or lease, please contact WCRE at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier South Jersey commercial real estate broker that provides a full range of South Jersey commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other South Jersey commercial properties for buyers, tenants, investors and sellers.

Please visit our websites for a full listing of South Jersey commercial properties for lease or sale through our South Jersey commercial real estate brokerage firm.

Lidl buys potential new site in South Jersey for $2.85M

German supermarket chain Lidl bought a nearly 4-acre site in Camden County for $2.85 million as it continues its South Jersey expansion, although a timeline for the project is unclear.

Public records show Lidl’s U.S. operation, based in Arlington, Virginia, purchased the vacant land at the corner of Evergreen Avenue and the White Horse Pike in Somerdale from Urgent Care RE, a limited liability company tied to an AFC Urgent Care franchisee.

The project, however, is not on the company’s list of 50 stores that are set to open in 2021. A company spokesperson declined to comment on the Somerdale site and referred to the upcoming store opening list. Three new Lidls elsewhere in South Jersey are included on that list, in Glassboro, Gloucester Township and Egg Harbor Township. Locations on Roosevelt Boulevard in Philadelphia and on York Road in Warminster are also on the list.

The company received final approvals to build a 29,000-square-foot store at the site for the Somerdale store in January, the Courier Post reported, more than three years after it first began discussions with the borough about the project.

Lidl was also issued a general permit related to construction activity and stormwater drainage at the Somerdale site from the New Jersey Department of Environmental Protection in July 2019, according to agency records. It expires in 2022.

Lidl began its expansion in the U.S. in 2015, including in the Philadelphia area, before dialing them back two years later. Now, the chain is instead building smaller stores, trimming some by about 10,000 square feet and axing plans for some locations entirely, including in South Jersey. The company cancelled plans to build a store on Woodbury-Glassboro Road in Mantua in 2017, NJ.com reported, despite the fact it had purchased the 4.8-acre property for $3.25 million earlier that year and secured government approvals. Lidl still owns the site, records show.

Still, it moved forward elsewhere in the region, opening new stores in Burlington Township and Cherry Hill this year. Its first in South Jersey, in Vineland, opened in 2017. It now operates more than 100 stores on the East Coast, including 14 in New Jersey. The company has a distribution center in Cecil County, Maryland.

Lidl is known for its on-site bakery and is considered to be a hybrid between Aldi and Trader Joe’s.

*Article courtesy of Philadelphia Business Journal

For more information about South Jersey retail space for sale or lease in South Jersey or about any other South Jersey properties for sale or lease, please contact WCRE at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier South Jersey commercial real estate broker that provides a full range of South Jersey commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other  South Jersey commercial properties for buyers, tenants, investors and sellers.

Please visit our websites for a full listing of South Jersey commercial properties for lease or sale through our South Jersey commercial real estate brokerage firm.

Target to Open New Store at Former Kmart Location in Somers Point

Target is set to open a new 101,000-square-foot store within the Somers Point Plaza shopping center in Somers Point, New Jersey.

The national retailer will be taking the former Kmart space within the South Jersey shopping center. The Kmart store closed last year when parent company Sears Holdings closed four additional stores across the Garden State.

Somers Point Plaza landlord is planning to complete extensive renovations to the shopping center facade, parking lot and lighting in conjunction with the new Target store.

Somers Point Plaza totals 279,026 square feet and is located on a 35-acre site at 212 New Road. The shopping center includes over 25 stores, including ACME Markets, PetSmart, West Marine, Big Lots, Verizon Wireless and Chipotle Mexican Grill.

*Article courtesy of CoStar

 

For more information about South Jersey retail space for sale or lease in South Jersey or about any other South Jersey properties for sale or lease, please contact WCRE at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier  South Jersey commercial real estate broker that provides a full range of South Jersey commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other  South Jersey commercial properties for buyers, tenants, investors and sellers.

Please visit our websites for a full listing of South Jersey commercial properties for lease or sale through our  South Jersey commercial real estate brokerage firm.

Mixed-Use South Jersey Retail Space for Sale in Gibbstown

Wolf Commercial Real Estate, the leading South Jersey commercial real estate brokerage firm with expertise in South Jersey commercial real estate listings and services now has available mixed-use South Jersey retail space for sale at 422 West Broad Street Gibbstown NJ.

This South Jersey retail space for sale is ideal for use as a flex space and this retail space in South Jersey contains +/- 13,000 square feet in the heart of the main business district of Greenwich Township, Gloucester County. The asking sale price for this retail space in South Jersey at 422 West Broad Street Gibbstown NJ is $350,000.

There are two private apartments upstairs at this South Jersey retail space for sale and there is parking for +/- 18 vehicles at this retail space in South Jersey. Located at 422 West Broad Street, this South Jersey retail space for sale is available through Wolf Commercial Real Estate, a South Jersey commercial real estate broker that specializes in South Jersey commercial real estate listings and services.

This retail space in South Jersey at 422 West Broad Street Gibbstown NJ is close I-295 and there is elevator service to the second floor of this retail space in South Jersey. There also is 2,400 sf of floor space in the basement of this South Jersey retail space for sale.

Nearly 88,000 residents live within five miles of this South Jersey retail space for sale at 422 West Broad Street Gibbstown NJ and the average household income in the same five-mile radius of this retail space in South Jersey is $66,343. This South Jersey retail space for sale is being offered through Wolf Commercial Real Estate, a South Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings and services.

For more information about this South Jersey retail space for sale at 422 West Broad Street Gibbstown NJ, or about any other South Jersey commercial properties for sale or lease, please contact Ryan Barikian (856-857-6307; ryan.barikian@wolfcre.com) or Michael Scanzano (856-857-6386; mike.scanzano@wolfcre.com) at Wolf Commercial Real Estate, a leading South Jersey commercial real estate broker.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier South Jersey commercial real estate broker that provides a full range of South Jersey commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other South Jersey commercial properties for buyers, tenants, investors and sellers. Please visit our websites for a full listing of South Jersey commercial properties for sale or lease through our South Jersey commercial real estate brokerage firm.