For Sale: Value-Add Medical/Retail Opportunity

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VALUE-ADD MEDICAL/RETAIL INVESTMENT OPPORTUNITY

CBRE Inc. has been retained by ownership as the exclusive marketing advisor for the sale of the Cinnaminson Medical/Retail Portfolio located at the signalized intersection of Riverton Road and Route 130 in Cinnaminson, NJ (“the Portfolio” or “Properties”). The Portfolio consists of the Main Line Professional Building (“MLPB”), a 16,223 SF value-add medical office property, a Dunkin’ Donuts NNN Ground lease with over 10 years of term remaining, and a vacant ±2,900 SF retail/medical building formerly occupied by 7-Eleven.

The Portfolio is situated at an irreplaceable location along Route 130, one of South Jersey’s most bustling retail corridors. As evidenced by Dunkin’ Donuts’ 20-year commitment to this location, the Riverton Road and Route 130 intersection features strong demographics, high traffic volumes and excellent visibility. Riverton Road also provides direct access for traffic heading between Moorestown and destinations along Route 130.

The Cinnaminson Medical/Retail Portfolio presents the rare opportunity to purchase a
diversified commercial portfolio that includes a value-add medical office building, long-term net leased Dunkin’ Donuts and a vacant retail/medical building all strategically located at a signalized intersection along Route 130.

Investment Highlights

• Diversified Portfolio Offering
• Value-Add Opportunity
• Dunkin’ Donuts Corporate Guarantee
• Strong Visibility Along Route 130
• Excellent Demographics
• Long Term Professional Ownership

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Justin Marlowe
Senior Associate
T +1 610 251 5158
justin.marlowe@cbre.com
Licensed: PA
Licensed Salesperson: NJ

Stephen Marzullo
Senior Vice President
T +1 610 251 5161
stephen.marzullo@cbre.com
Licensed: PA
Licensed Salesperson: NJ, DE

Jon Sarkisian
Executive Vice President
T +1 856 359 9408
jon.sarkisian@cbre.com
Licensed: PA
Licensed Salesperson: NJ

Anthony LiVecchi
Senior Associate
T +1 856 359 9405
anthony.livecchi@cbre.com
Licensed: PA
Licensed Salesperson: NJ

CBRE, Inc.
Two Liberty Place
50 S. 16th Street
Suite 3000
Philadelphia, PA 19102
www.cbre.com
Licensed Real Estate Broker

 

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