Maple Shade Plaza 211 S Boulevard Ave

Introducing Maple Shade Shopping Center – an incredible investment opportunity located at 2941 S. Rt 73/211 S. Boulevard Ave., Maple Shade, NJ. This property consists of two buildings: an 18,260 SF shopping center with 55 parking spaces, and a 14,410 SF office building with a total of 46 parking spaces. Built in 1990 and 2002 respectively, this site offers a compelling mix of regional, local, and government agency tenants, ensuring a steady stream of income and the potential for increased rental returns as submarket NNN rents are near $19 psf ($610k GPR). With the Strip Center boasting 5 units and one vacant storage unit that can be converted into retail space, there is immediate upside for investors.
The office building is occupied by the DEA, providing secure government rent. In the thriving retail market of Maple Shade, NJ, the property offers exceptional potential for growth. Philadelphia's retail market has experienced a strong recovery, benefiting from increased consumer savings and a surge in consumer spending. Additionally, with an absorption rate of 850,000 SF in the fourth quarter, the availability rate has dropped to 5.3%, resulting in over 4.5 million SF of retail inventory being taken off the market. Don't miss out on this incredible investment opportunity at Maple Shade Shopping Center. Contact us today for more information and to arrange a viewing.