Prime Commercial Corner Lot – High-Yield Investment in Deptford, NJ
Rare 28,500 SqFt Corner Lot | Income-Generating with Major Development Potential
Prime Location – Just five minutes from Deptford Mall, one of the busiest retail hubs in South Jersey. This high-exposure property sits at the intersection of Cooper Street and Route 41, ensuring maximum traffic and visibility.
Income-Generating Asset – Includes a 1,440 SqFt remodeled office building, currently leased for $5,000/month NNN with 14 months remaining. The property delivers a 9.7% CAP rate—an exceptional find in today’s market.
Explosive Market Growth – Deptford is experiencing significant development, including:
Gloucester Premium Outlets (700,000+ SqFt of retail nearby)
Avenue Apartments at Deptford (232-unit luxury complex)
Expanding retail and industrial development along the Route 41 and 42 corridors
Zoning & Development Potential – Zoned TRC1 (Transitional Redevelopment Commercial), allowing for:
Retail Plaza / Strip Mall
Drive-Thru QSR / Gas Station
Medical Office / Urgent Care
Auto-Related / Mixed-Use Commercial
Investment Details:
Asking Price: $615,000
CAP Rate: 9.7%
Net Rental Income: $60,000/year (Tenant pays all expenses)
Zero Landlord Responsibilities (NNN Lease)
This is a high-traffic, high-growth, high-ROI opportunity for investors, developers, or owner-users looking to capitalize on one of Deptford’s strongest commercial corridors.
Listing Details
$615,000
Active
Commercial
2631282
3/17/2025
36 Day(s) Ago
