Investment Highlights
- Anchored by specialty retailer REI since 2005, the leader in the sporting goods industry with highest average sales per square foot in the segment
- Favorable Annual Rental Increases and fair market value option language throughout overall tenancy to hedge inflation and landlord control
- Value-Add Opportunity to redevelop REI box into essential necessity based small shop retail with attractive dimensions of 302 feet of frontage by 82 feet of depth to produce an 11.50% return on cost
- Superior Positioning along heavily traveled Route 73 in Marlton, sharing a traffic signal with the Promenade at Sagemore, a Class A lifestyle center, anchored by Apple, Lululemon, LL Bean, and Nike with overall sales exceeding $500 psf.
Exclusively listed by
Broker of Record
John Horowitz
Senior Vice President/Division Manager
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