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1149 MARLKRESS RD Cherry Hill Township NJ 08003

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Details
Property Type Retail
Building SqFt 7,900
Year Built 1975
Lease Type ******
Lease Term ******
Remaining Term ******
Days on Market ******
Latitude 39.9036
Longitude -74.9751

Property History

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Property Type
Property Type
Retail
Marketing Description

Equity CRE is pleased to offer for sale the K9 Resorts in Cherry Hill, NJ. This deal includes a brand new 15-year absolute triple net (NNN) lease with zero landlord responsibilities to begin at the close of escrow, providing for a secure investment. The lease comes with the added security of a corporate guaranty from K9 Resort’s corporate entity, adding a layer of security and confidence for investors. K9 Resorts has occupied this site since 2019, and completely renovated the space to accommodate their business model.

Located just 11 miles from Philadelphia, this property enjoys a prime location surrounded by a strong mix of major tenants and thriving economic activity. The site benefits from outstanding demographics, with over 239,927 residents within a 5-mile radius and an impressive average household income of $129,952. Additionally, the area boasts a robust daytime population of 170,000 employees and more than 9,000 apartment units, creating a strong and diverse customer base to support the continued success of K9 Resorts.

Investment Highlights
  • Corporate Tenant and Guaranty: Founded in 2005, K9 Resorts is a premier pet care franchise specializing in luxury dog boarding and daycare services. With 42 locations across 18 states and plans to expand to 100 locations, K9 Resorts is rapidly growing as a trusted name in high-end pet hospitality in the U.S.

  • Sale Leaseback: Brand New 15-Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities to Begin at the Close of Escrow.

Loan History

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Financial History

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****** Data
Net Operating Income
******
Reporting Date
******

Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
KY
Kenneth Yanni PRO
•••.•••.7700
••anni@•••••••••.com
Brokerage logo
Listing removed on
 BY:
EG
Edward Ginn
•••.•••.7700
•ginn@•••••••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
MO
Maeve O'Reilly PRO
•••.•••.7700
••••illy@•••••••••••••••••••.com
Brokerage logo

Map

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