Retail Space - For Sale
745 Route 73 S Evesham, NJ 08053
Details & Description
Price: $3,581,000
  • Property Type Retail for Sale : Food Service
  • Lot Size Acres 0.713
  • Building Sq Ft 30,928
  • Building Price per Sq Ft $115.79
  • Land Sq Ft 31,049
  • Land Price per Sq Ft $115.33
New construction Ground Lease with PDQ that features a Corporate Guaranty, located in the Philadelphia suburb of Marlton, NJ. Upon completion of construction, PDQ will commence a 20-year lease that includes four, 5-year extension options and 10% rental escalations every five years throughout the primary term and option periods. The Marlton PDQ will be equipped with a dedicated drive-thru lane, and will benefit from its signalized intersection location on the corner of Route 73 and Ardsley Drive, providing ease of access in and out of the property. Marlton is a highly affluent locality that is less than 20 miles from downtown Philadelphia, boasting average household incomes that exceed $140,000 within a 3-mile radius of the subject property. The Marlton PDQ is strategically located on Route 73 and is adjacent both to a Target as well as a two-tenant pad that will feature Panda Express as well as another daily needs retail tenant. Route 73 is a north-south thoroughfare that serves as a main road providing access between Philadelphia and the southern part of the Jersey Shore. The subject property neighbors several office parks and open aired shopping centers along Route 73, helping drive a healthy daytime population. Surrounding retailers include Marshalls, Old Navy, Five Below, and Ulta Beauty.
Listing Agents
Zeb Ripple
Capital Pacific
O: 415-274-2702
zripple@capitalpacific.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

745 Route 73 S

Evesham, NJ 08053

Listing ID: 259627
$3,581,000
For Sale
  • Property Type Retail for Sale : Food Service
  • Lot Size Acres 0.713
  • Building Sq Ft 30,928
  • Building Price per Sq Ft $115.79
  • Land Sq Ft 31,049
  • Land Price per Sq Ft $115.33
  • 745 Route 73 S Evesham, NJ 08053 | for Sale | Photo 1
  • 745 Route 73 S Evesham, NJ 08053 | for Sale | Photo 2
745 Route 73 S | for Sale | Thumbnail 1
745 Route 73 S | for Sale | Thumbnail 2
Description

New construction Ground Lease with PDQ that features a Corporate Guaranty, located in the Philadelphia suburb of Marlton, NJ. Upon completion of construction, PDQ will commence a 20-year lease that includes four, 5-year extension options and 10% rental escalations every five years throughout the primary term and option periods. The Marlton PDQ will be equipped with a dedicated drive-thru lane, and will benefit from its signalized intersection location on the corner of Route 73 and Ardsley Drive, providing ease of access in and out of the property. Marlton is a highly affluent locality that is less than 20 miles from downtown Philadelphia, boasting average household incomes that exceed $140,000 within a 3-mile radius of the subject property. The Marlton PDQ is strategically located on Route 73 and is adjacent both to a Target as well as a two-tenant pad that will feature Panda Express as well as another daily needs retail tenant. Route 73 is a north-south thoroughfare that serves as a main road providing access between Philadelphia and the southern part of the Jersey Shore. The subject property neighbors several office parks and open aired shopping centers along Route 73, helping drive a healthy daytime population. Surrounding retailers include Marshalls, Old Navy, Five Below, and Ulta Beauty.

Attachments & Files

Listing Demographics for 745 Route 73 S Evesham, NJ 08053

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population8,58659,559155,697
Population Median Age444342
Population by Age0-9 Yrs943 (10%)6151 (10%)16638 (10%)
10-19 Yrs932 (10%)6965 (11%)18985 (12%)
20-29 Yrs912 (10%)5960 (10%)17201 (11%)
30-39 Yrs723 (8%)6227 (10%)18036 (11%)
40-49 Yrs1182 (13%)8122 (13%)20207 (12%)
50-59 Yrs1369 (15%)9949 (16%)23749 (15%)
60-69 Yrs1187 (13%)7733 (12%)18894 (12%)
70+ Yrs1338 (15%)8453 (14%)21986 (14%)
Median HH Income$114,117$111,047$97,978
Total Household Income< 24K218 (7%)1914 (8%)6683 (11%)
25-49K335 (10%)2498 (11%)8603 (14%)
50-74K382 (12%)2853 (12%)7790 (13%)
75-99K364 (11%)2806 (12%)7388 (12%)
100-199K1124 (36%)7703 (34%)18982 (31%)
200K+629 (20%)4587 (20%)10288 (17%)
Highest Education LevelNo Diploma47521846852
Diploma or GED1265806222903
Some College850644017366
Assoc. Degree34329637583
Bachelors Degree19191362933992
Higher Degree13161000422945
Total Housing Units3,29824,10164,467
--Owner-Occupied2,34618,03744,672
--Renter-Occupied7064,32415,062
Owner-Occupied Values< 100K452991360
100-199K41222877999
200-299K612565113375
300-399K865564812793
400-499K25025435321
500K+16316083823
Total Working Age Population7,02048,947127,080
In Work Force4,36532,39684,319
Not In Work Force2,65516,55142,761
Workforce Employed4,11530,96380,383
Workforce Unemployed2381,3463,707
Civlian Workforce4,35432,30984,091
Military Workforce1187228
Total Households3,05222,36159,734
Family Households2,35416,00741,476
Non-Family Households6996,35418,258
Married Couple1,91313,52233,647
Other Family4412,4857,829
Married w/Child7445,48213,602
Single Male w/Child163171,100
Single Female w/Child1086672,337

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
New Jersey8,414,350+48,791,894+49,132,700+49,530,900
Burlington County423,394+6448,7340450,000+3464,900
Camden County508,932+1513,6570511,800+2521,000
Gloucester County254,673+13288,288+1292,000+5305,800
Pennsylvania12,281,054+312,702,379+413,230,170+413,759,594
Philadelphia County1,517,550+11,526,006+81,653,729+61,753,054

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
Other Retail Space Listings for Sale Nearby
Address Price Sq Ft Acres
65 East Route 70, 12A and 11A, Evesham, NJ $970,000 4400 -
781 Route 70 West, Evesham, NJ $3,300,000 5592 2.55
102 Haddonfield-Berlin Road, Voorhees Township, NJ $395,000 3322 0.5
228 Haddon Avenue, West Berlin, NJ $175,000 1400 0.49
170 West White Horse Pike, Berlin, NJ $450,000 5500 0.49
804 North White Horse Pike, Stratford, NJ CALL 2700 0.53
17 Willow Road, Maple Shade, NJ CALL 3340 0.42
2817 New Jersey 73, Maple Shade, NJ $975,000 17524 1.75
18 North Main Street, Medford, NJ $350,000 2500 0.07
5 South Main Street, Medford, NJ $715,000 5530 0.3
Closest Commercial Airports
Airport Distance (mi)
Philadelphia International Airport (PHL) 17
Newark Liberty International Airport (EWR) 69
John F Kennedy International Airport (JFK) 80
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