Marcus & Millichap Arranges Sale Of Chesterbrook Academy Day Care Center In Moorestown For $5.4M

The property asset involved in the transaction is a retail facility located at 130 Borton Landing Road in Moorestown, NJ. The facility encompasses 8,420 square feet and spans an area of 2.62 acres. The sale price for the property was $5,418,000, with a price per square foot of $643.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $5,418,000
• Address: 130 Borton Landing Road
• Market: Moorestown
• Asset Size: 8,420 SF
• Price per SF: $643
• Acres: 2.62
• Brokers: Chris Lind, John Horowitz, Mark Ruble, Sean Lenchner & Zack House - Marcus & Millichap

The transaction was facilitated by investment specialists from Marcus & Millichap, with Sean Lenchner, Mark Ruble, Chris Lind, and Zack House representing the buyer. John Horowitz served as the Broker of Record for the deal. Notably, the property was leased by Spring Education Group and pertains to a Chesterbrook Academy day care center.