Retail Space
745 Route 73 S Evesham, NJ 08053
Details & Description
Price: $3,581,000
    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

    O: 415-274-2702
    zripple@cppcre.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
    • 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
    Building Size: 30,928 SF
    Lot Size: 0.713 AC
    Land Size: 31,049 SF
    Building $/SF: $115.79
    Land $/SF: $115.33
    Price
    $3,581,000
    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

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Philadelphia History of Retail Space for Sale

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    Evesham Area Market Trends

    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

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    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.

    Common Questions and Answers

    What is the asking price for 745 Route 73 S in Evesham?
    The asking price for 745 Route 73 S is $3,581,000
    What is the building size of this Retail property in Evesham, NJ?
    The size of the building/unit at 745 Route 73 S in Evesham is 30,928 square feet
    How much land does the Evesham, NJ property at 745 Route 73 S include?
    745 Route 73 S in Evesham includes 0.713 acres of land
    What kind of Retail is the propery at 745 Route 73 S?
    The property at 745 Route 73 S Evesham, NJ 08053 is listed as a Food Service Retail property
    What is the population within 1 mile of 745 Route 73 S in Evesham?
    The population within 1 mile of 745 Route 73 S Evesham, NJ 08053 is 8,586 people.
    Who do I contact for questions about 745 Route 73 S?
    You should contact the listing agent, Zeb Ripple , for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Philadelphia International Airport (PHL) 17
    Newark Liberty International Airport (EWR) 69
    John F Kennedy International Airport (JFK) 80