Listed by NAI Mertz Mt. Laurel
Unpriced
505-509 Pleasant Valley Avenue
Details
APN 3401-1
Property Type Office
Sub Type Traditional Office
Square Footage 10,627
Occupancy 100%
Tenancy Single
Class B
Year Built 1950
Year Renovated 1989
Buildings 1
Stories 1
Acreage 2.890
Zoning SRC Specially Restricted Commercial
Parking Spaces 40 spaces
Parking per 1,000 SqFt 3.76
Investment Type Owner/User
505-509 Pleasant Valley Avenue, Moorestown, NJ 08057
Marketing description
Excellent Office / Investment Opportunity! Sale includes: 10,627 SF office building with potential for sale/leaseback, 1,281 SF single family residence (currently leased), and 5G Cell Tower land lease - $76,549.80/yr + 40% of real estate taxes. Total land is 2.89 acres across two adjacent parcels.
505-509 Pleasant Valley Ave has immediate access to Route 38 at a lighted intersection. The property boasts easy access to the area's major interstates, including Exit 4 of the New Jersey Turnpike and three (3) exits of I-295. The site is surrounded by shopping and dining amenities. The Moorestown Mall and East Gate Square are just a half mile away. Center City Philadelphia is an approximately 12 mile / 20 minute drive from the site.
Investment highlights
- 505 Pleasant Valley is a 10,627 SF office building
- Currently fully occupied with potential for sale/leaseback
- Layout includes a mix of executive and administrative offices, formal reception, conference rooms, lunch room, multiple restrooms, bullpen, and finished attic for file/storage and IT
- Parking for 40 cars; includes an overhang with covered parking for several spots
- Zoned SRC Specially Restricted Commercial
- Built in 1950; Renovated 1989
- 509 Pleasant Valley Ave is a 1,281 SF, one-and-a-half story single-family residence - currently leased
Listing Contacts
Listed by NAI Mertz Mt. Laurel
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