2780 Mt. Ephraim Avenue, Camden, NJ
WCRE is proud to have exclusively represented Derrick Interests, Inc in the sale of 2780 Mt. Ephraim Avenue, Camden, New Jersey, a 14,537 square-foot vacant former Save-A-Lot grocery store. The sale was made possible through WCRE’s top-of-class networking and marketing efforts, culminating in a swift transition from the initial listing to the closing table in less than 15 weeks.
The new owners, 2780 Camden, LLC, are enthusiastic about their plans to open a health and beauty supply storefront, expanding their existing chain. This strategic move not only revitalizes a vacant space but also contributes to the economic development and revitalization of the Camden city community.
The property’s prime location and potential for redevelopment made it an attractive investment opportunity, further underscoring WCRE’s expertise in navigating complex real estate transactions.
“In this challenging market, it was truly a pleasure bringing this former Save-A-Lot to the market and the Closing table in less than 15 weeks,“ said Eric Flocco, WCRE’s Vice President.
The sale of this former grocery anchor adds to WCRE’s growing number of successful retail transactions in the South Jersey and Philadelphia region.
Eric Flocco, Vice President, and Eric Grad, Managing Principal, at WCRE, represented the seller in this transaction.
