Home Depot Shadowed 1.62 Ac Retail

Land Description

Realinisght Marketplace Online Auction Oct 30 - Nov 1.

Investment Highlights

1.62 Acre Development Opportunity in Dense Commercial Corridor (Philadelphia Msa)

Near Signalized Intersection of Cross Keys By-Pass and Tuckahoe Road with Combined Traffic Counts of ±40K Vpd

Nearby Retail: Regal Cinema, Home Depot, Walmart, Lowes, Petco, Old Navy, Michaels, Sam's Club, Ross, Ulta, America's Best, Target, and more

Favorable HC, Highway Commercial Zoning, with Permitted Uses including Restaurant and Retail

Growing Consumer Base and Attractive Demographics with 5-Mile Population of ±145361 and Annual Household Income of ±$112,155

Offering Summary

Marcus & Millichap and RI Marketplace are pleased to present 1.62-Acres located adjacent to 131 Tuckahoe Road (the “Property”) in Sewell, New Jersey approximately 35 minutes from Philadelphia. This Parcel is anchored by Regal Cinema, shadow anchored by Home Depot, and offers an exceptional development opportunity adjacent to a dense retail corridor in a path of growth location.

The Property is vacant land and consists of a single parcel totaling 1.62 acres. The Property is in a robust trade area near a mix of residential and retail demand generators. Nearby retailers within a two-mile radius of the asset include Regal Cinema, Home Depot, Walmart, Lowes, Petco, Old Navy, Michaels, Sam's Club, Ross, Ulta, America's Best, Target, and more. The Property benefits from highly favorable Highway Commercial zoning that allows for a wide variety of uses including restaurant, retail, and others.

Sewell is located within Washington Township (Southern New Jersey), approximately 20 miles south of Philadelphia. The Parcel benefits from excellent street frontage and presence on Cross Keys By-Pass with traffic counts of ±29,270 vehicles per day. The Property is easily accessible and positioned just 2-miles from both the Atlantic City Expressway offering convenient access to the greater area and ±35 minutes from Downtown Philadelphia. As of 2023, the Property's demographics have ±145,361 individuals residing within a 5-mile radius, with an average household income of ±$112,155. The area has benefited from significant population growth of ±5.73% from 2010-2023 and will continue to benefit from a population that is expanding, with ±3.66% growth projected from 2023-2028 (5-mile radius).

Richard G. Warner

Fisher Auction Company Inc.

License: 0120281