WCRE APPOINTED EXCLUSIVE AGENT FOR
THREE SOUTHERN NEW JERSEY SHOPPING CENTERS
Local Firm Strengthens Retail Presence
September 9, 2013 – Voorhees, NJ – Wolf Commercial Real Estate (WCRE) is pleased to announce that it has been appointed exclusive agent to market three shopping centers for sale in Southern New Jersey. The centers are: Gateway Plaza in West Deptford, with approximately 20,496 square feet and anchored by Family Dollar; Holly City Plaza in Millville, with approximately 6,160 square feet available for sale; and Rancocas Woods Village Shoppes in Mount Laurel, with approximately 32,000 square feet of retail and office space.
Property Highlights:
Gateway Plaza- 1000 Gateway Boulevard, West Deptford, NJ:
This property is an approximately 20,496 +/- sf neighborhood strip shopping center located in West Deptford on the corner of Cornell Lane and Gateway Boulevard with easy access to I-295. It is anchored by Family Dollar, which occupies approximately 12,000+/- sf. This investment property will require some capital upgrades but is priced aggressively at $1,250,000 ($60.92/sf). Vacancies range from 1,600 sf to 8,000 +/- sf, allowing for tremendous variation and potential.
WCRE has been retained to market the shopping center for sale. Information is available upon request.
Holly City Plaza- 201-211 Kates Boulevard, Millville, NJ:
This 6,160+/- sf neighborhood strip center is located on the corner of Route 47 & Kates Boulevard in downtown Millville. It is partially leased, with one tenant currently occupying 1,500 sf and producing income. This investment property will require some capital upgrades but is priced for a quick sale at $325,000 ($57.14/sf).
WCRE has been retained to market the shopping center for sale. Information is available upon request.
Rancocas Woods Village Shoppes- 123 Creek Road, Mount Laurel, NJ:
This 32,961 +/- sf privately owned neighborhood strip shopping center is located on Creek Road in Mount Laurel, providing direct access to I-295 (exit 43) and Route 38, and is within close proximity to Route 73. It is comprised of retail and office space available for lease and/or sale. With newly renovated roof and siding, this investment property will require some capital upgrades but is priced aggressively at $1,250,000 ($37.92/sf) with attractive lease rates for retailers and office users. This is a great opportunity for retail or professional use, including day-care, medical offices, and many others.
WCRE has been retained to market the remaining vacant spaces and/or facilitate the sale of the center. Vacancies range in size from 940 – 14,527 square feet, and are available for immediate occupancy. Information is available upon request.
About WCRE
WCRE is a full-service commercial real estate brokerage and advisory firm specializing in office, medical, retail, industrial and investment properties in Southern New Jersey and the Philadelphia region. We provide a complete range of real estate services to commercial property owners, companies, and investors seeking the highest quality of service, proven expertise, and a total commitment to client-focused relationships. Through our intensive focus on our clients’ business goals, our commitment to the community, and our highly personal approach to client service, WCRE is creating a new culture and a higher standard. We go well beyond helping with property transactions and serve as a strategic partner invested in your long term growth and success.
Learn more about WCRE online at www.wolfcre.com, on Twitter @WCRE1, and on Facebook at Wolf Commercial Real Estate, LLC. Visit our blog pages at www.southjerseyofficespace.com , www.southjerseyindustrialspace.com , www.southjerseymedicalspace.com , www.southjerseyland.com, www.southjerseyretailspace.com and www.phillyofficespace.com
