Aldi - Voorhees, NJ
142 NJ-73, Voorhees Township, NJ, 08043, US
A$7,521,000 | 1,770 m²
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer Deptford Town Center (“The Property”), a 100,105 square foot vacant strip center favorably situated in an in-fill location within the Philadelphia MSA, just 9 miles from Center City Philadelphia. The 14.14 AC site was acquired by the seller in December 2019 as part of a sale leaseback transaction and at the time of the acquisition was occupied by Bed Bath & Beyond, Buy Buy Baby, Christmas Tree Shops, and Harmon Face Value. In April 2023, the big-box retailer filed for Chapter 11 bankruptcy, vacating the site entirely.
The Property provides investors with the rare opportunity to acquire a 10-year old, value-add Property benefiting from premier location and access servicing an extremely densely populated trade area. Deptford Town Center enjoys excellent roadway visibility and access to transportation infrastructure via Routes 42, 55 and I-95 and I-295, driving the extended trade radius with a population of 224,469 and average household income of $115,915 within a 5-mile radius of the Property.