Horvath & Tremblay Broker $2.6M Sale Of Retail Plaza With FedEx Office And NJ Plant Based Compassion Dispensary

The two-tenant plaza located at 903 White Horse Road in Voorhees Township has been sold for $2,553,000. The property is situated on a 1.98-acre parcel and features a FedEx Office and NJ Plant Based Compassion dispensary. The total square footage of the plaza is 6,664, resulting in a price per square foot of $383. Both tenants have signed new 10-year leases, and there is potential for additional space pending town approval.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,553,000
• Address: 903 White Horse Road
• Market: Voorhees Township
• Asset Type: Retail
• Acres: 1.98
• Broker: Michael Lombardi - Horvath & Tremblay
• Square Footage: 6,664
• Price Per Square Foot: $383

Horvath & Tremblay, represented by Michael Lombardi, brokered the sale of the two-tenant plaza. The involvement of Horvath & Tremblay highlights their expertise in retail property transactions. This successful deal demonstrates the demand for retail properties in Voorhees Township and the potential for growth in the area.