$1,200,000
Mega Plaza Development Site
Details
Property Type Retail, Land
Sub Type Storefront, Shopping Center
Acreage 2.600
Investment Type Redevelopment
Ground Lease No
Sale Condition N/A
About This Property for Sale
Marketing description
Anchor Commercial Development is pleased to exclusively offer Mega Plaza, a 2.60-acre commercial development opportunity strategically located along Route 38 in Pennsauken, New Jersey.
The property sits immediately adjacent to Saigon Plaza, one of the largest Asian shopping destinations in Southern New Jersey, and benefits from an established regional customer base, cross-access easement, excellent visibility, and strong demographics.
The site was previously approved for approximately 27,750 square feet of retail and restaurant space consisting of 15 individual units. While the approvals have expired, much of the entitlement work has already been completed, creating an opportunity to expedite redevelopment.
Investment highlights
Investment Highlights
- Asking Price: $1,200,000
- 2.60 Acres (146,035 SF)
- Previously Approved Retail Development
- Approximately 27,750 SF
- 15 Retail Units
- Cross-Access Easement with Saigon Plaza
- Shared Parking (500+ spaces)
- Prime Route 38 Frontage
- High Daily Traffic Counts
- Strong Asian, Hispanic & Regional Customer Base
- Easy Access to Route 70, Route 130, I-295 & NJ Turnpike
- Flexible Retail, Restaurant, Medical & Service Uses (subject to approvals)
Best Uses
- Asian Restaurant Village
- Korean BBQ
- Japanese BBQ
- Hot Pot
- Bakery
- Medical Offices
- Specialty Retail
- Financial Services
- Professional Offices
- Fitness
- Entertainment
- Boutique Grocery
- Mixed Retail Center
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