County College INVESTMENT OPPORTUNITY Camden
Philadelphia 1155 S BLACK HORSE PIKE
Atlantic City
Exit 7B
Markeim Chalmers, Inc 856-354-9700 DaveProposed & Busters www.markeim.com Gloucester Premium Outlets 1415 Route 70 E Ste 500 | Cherry Hill | NJ 08034
Adam Dembo Fred Berlinsky 856-324-5194 856-324-5190 [email protected] [email protected] CONFIDENTIALITY AGREEMENT
This is a confidential Memorandum intended solely for your limited use and benefit in determining whether you desire to express further interest in the acquisition of 1155 S Black Horse Pike (the “Property”).
This Memorandum contains selected information pertaining to the Property and does not purport to be a representation of the state of affairs of the Property or the owner of the Property (the “Owner”), to be all-inclusive or to contain all or part of the information which prospective investors may require to evaluate a purchase of real property. All financial projections and information are provided for general reference purposes only and are based on assumptions relating to the general economy, market conditions, competition and other factors beyond the control of the Owner and Markeim Chalmers. Therefore, all projections, assumptions and other information provided and made herein are subject to material variation. All references to acreages, square footages, and other measurements are approximations. Additional information and an opportunity to inspect the Property will be made available to interested and qualified prospective purchasers. In this Memorandum, certain documents, including leases and other materials, are described in summary form. These summaries do not purport to be complete nor necessarily accurate descriptions of the full agreements referenced. Interested parties are expected to review all such summaries and other documents of whatever nature independently and not rely on the contents of this Memorandum in any manner.
Neither the Owner or Markeim Chalmers, nor any of their respective directors, officers, affiliates or representatives make any representation or warranty, expressed or implied, as to the accuracy or completeness of this Memorandum or any of its contents, and no legal commitment or obligation shall arise by reason of your receipt of this Memorandum or use of its contents; and you are to rely solely on your investigations and inspections of the Property in evaluating a possible purchase of the real property. The Owner expressly reserved the right, at its sole discretion, to reject any or all expressions of interest or offers to purchase the Property, and/or to terminate discussions with any entity at any time with or without notice which may arise as a result of review of this Memorandum. The Owner shall have no legal commitment or obligation to any entity reviewing this Memorandum or making an offer to purchase the Property unless and until written agreement(s) for the purchase of the Property have been fully executed, delivered and approved by the Owner and any conditions to the Owner’s obligations therein have been satisfied or waived.
By receipt of this Memorandum, you agree that this Memorandum and its contents are of a confidential nature, that you will hold and treat it in the strictest confidence and that you will not disclose this Memorandum or any of its contents to any other entity without the prior written authorization of the Owner or Markeim Chalmers. You also agree that you will not use this Memorandum or any of its contents in any manner detrimental to the interest of the Owner or Markeim Chalmers.
If after reviewing this Memorandum, you have no further interest in purchasing the Property, kindly return this Memorandum to Markeim Chalmers.
Adam Dembo Fred Berlinsky 856-324-5194 856-324-5190 02 [email protected] [email protected] TABLE OF CONTENTS
04 05 06 PROPERTY SUMMARY PROPERTY HIGHLIGHTS LOCATION OVERVIEW
07 09 10 AERIAL PHOTOS PHOTOS RETAIL MAP
11 12 13 DEMOGRPAHICS SURVEY WETLAND REPORT
Adam Dembo Fred Berlinsky 856-324-5194 856-324-5190 03 [email protected] [email protected] PROPERTY SUMMARY
Location: 1155 S Black Horse Pike, Gloucester Township, Camden County, NJ
Tax ID: Block: 13198, Lots: 1
Block: 13104, Lots: 12
Block: 13110
Total Tract Area: 41.5 Acres
Developable Land: 24.50 Acres
Price: $4,500,000($183,673.47/AC)
Zoning: Interchange Redevelopment District (IR) and R-1 (Residential District)
Lots 7 & 9 are located in R-1 zone (2.4 acres)
Ideal Uses: Retail Development, Residential/Multi-family development, Office or Medical Office ,
Healthcare, Restaurants, Hotel/Motel development. (add renderings)
Wetlands Delineation: Attached
Adam Dembo Fred Berlinsky 856-324-5194 856-324-5190 04 [email protected] [email protected] PROPERTY HIGHLIGHTS
115 S BLACK HORSE PIKE Gloucester Township, Camden County, NJ
24.50 acres of developable land for sale
Located directly next to the $100 million dollar PREIT (NYSE: PEI )/SIMON (NYSE:SPG) Gloucester County Shopping
Outlets. The Gloucester Outlets features 376,000 SF with 90 stores including Nike, GAP, Banana Republic, Michael
Kors, Levi’s, Calvin Klein, Express, Under Armor and many more.
High foot traffic with ± 800 retail jobs on adjacent property
Close proximity to Camden County College
Direct access from Route 42 (Exit #: 7B)
Adam Dembo Fred Berlinsky 856-324-5194 856-324-5190 05 [email protected] [email protected] LOCATION OVERVIEW
LOCATION / DIRECTIONS: NJ SH 42 to Exit 7B - College Drive & Cooper Road
From North: Fom NYC or Wilmington, DE: NJ Turnpike to Exit 3 – South Black Horse Pike
From South: From Philadelphia: I-76 or I-676 (into NJ) becomes SH 42
From Atlantic City: Atlantic City Expressway becomes SH 42
Gloucester Township is a suburb in the Greater Philadelphia Metropolitan Area. Located in Camden County, New Jersey,
Gloucester is in the heart of the Delaware Valley, home to more than six million people and the country’s fifth largest met-
ropolitan area. With a gross domestic product of $388 billion, Philadelphia ranks ninth among world cities and fourth in the
United States. The Delaware Valley is the headquarters for twelve Fortune 500 corporations and is an important center of
biotechnology, commerce, pharmaceuticals, foreign trade, transportation, logistics and manufacturing. Gloucester Town-
ship is only 15 miles from Philadelphia and is easily accessed by an extensive network of roads. Traffic counts by the site
Adam Dembo Fred Berlinsky 856-324-5194 856-324-5190 06 [email protected] [email protected] PROPERTY AERIAL
AUTUMN RIDGE APARTMENTS
SITE
Camden County Gloucester Premium College Outlets
Adam Dembo Fred Berlinsky 856-324-5194 856-324-5190 07 [email protected] [email protected] PROPERTY AERIAL
Gloucester Premium Outlets
42
Philadelphia
Atlantic City
42
Adam Dembo Fred Berlinsky 856-324-5194 856-324-5190 08 [email protected] [email protected] PROPERTY PHOTOS
Adam Dembo Fred Berlinsky 856-324-5194 856-324-5190 09 [email protected] [email protected] RETAIL MAP
Deptford Landing
Deptford Mall
The Court at
Deptford S
B
l
a
c
k
H
o White Horse Pike r s e P i k e NJ-55
Gloucester Premium Outlets Washington Plaza
Plaza 42
Atlantic City Expy
Adam Dembo Fred Berlinsky 856-324-5194 856-324-5190 10 [email protected] [email protected] DEMOGRAPHICS
2018 SUMMARY 1 MILE 3 MILES 5 MILES Population 9,140 84,190 234,274 Households 3,825 32,680 91,113 Families 2,225 21,718 59,797 Average Household Size 2.38 2.56 2.55 Owner Occupied Housing Units 2,410 22,348 62,474 Renter Occupied Housing Units 1,415 10,333 28,639 Median Age 41.8 40.2 40.4 Median Household Income $68,184 $66,948 $65,904 Average Household Income $83,549 $85,071 $85,991
1 Mile 2023 SUMMARY 1 MILE 3 MILES 5 MILES Population 9,179 85,044 237,040 3 Miles
Households 3,819 32,900 91,550 5 Miles Families 2,222 21,841 60,223 Average Household Size 2.40 2.57 2.56 Owner Occupied Housing Units 2,449 22,807 63,902 Renter Occupied Housing Units 1,371 10,094 28,048 Median Age 42.7 41.0 41.1 Median Household Income $76,890 $75,431 $74,222 Average Household Income $96,559 $97,912 $98,615
Adam Dembo Fred Berlinsky 856-324-5194 856-324-5190 11 [email protected] [email protected] PROPERTY SURVEY
DEVELOPMENT BLOCK 13104 LOTS 7 & 9 DEVELOPMENT BLOCK 13104 LOT 12 & BLOCK 13198 LOT1 LOTS ARE LOCATED ARE LOCATED IN THE GLEN OAKS AREA #3 IN R-1 ZONE AREA #4 REDEVELOPMENT AREA, AMEND. NO. 1, A.K.A. INTERCHANGE REDEVELOPMENT AREA (±1.1 ac.) LEHIGH ST. (±2.4 ac.) (Lots 7 & 9) HIGH STREET
LAKEWOOD RD. ESTELLE STREET DAVISTOWN ROAD (CO. RTE. 747) EXIST. 30 FT. ACCESS & ELECTRIC EASEMENT
THE SHOPPES AT BLACKWOOD GLOUCESTER TOWNSHIP U.S. POST OFFICE (COMMERCIAL CENTER)
EXIST. WETLANDS DITCH LOT 7 BLOCK (PERMIT REQUIRED FOR FILLING) 13104 DEVELOPMENT LOT 9 AREA #2 (±2.8 ac.) BLOCK 13104 LOT 12 (3.0 ac. w/Filled Ditch) N.J.S.H. ROUTE 42
SOUTHBOUND LANES
APPROXIMATE OUTBOUNDS
WOODLAND AVE. NORTHBOUND LANES BLACK HORSE PIKE (NJSH RTE 168) RTE (NJSH PIKE HORSE BLACK
EXISTING BILLBOARD DEVELOPMENT SIGN AND ACCESS EASEMENT
EXISTING DRAINAGE AREA #1 EASEMENT (±18.2 ac.) ZIMMERMAN ROAD OVERALL EXISTING WETLANDS (TO REMAIN) EXIST. SIGHT EASEMENT TRACT AREA BLOCK 13198 ± 41.5 ac. EXISTING WETLANDS (TO REMAIN) LOT 1 AREA FOR POTENTIAL BUFFER MAIN STREET AVERAGING ENLARGEMENT
EXISTING 50 FOOT WIDE WETLANDS BUFFER (POTENTIAL BUFFER AVERAGING)
EXISTING DRAINAGE AND SLOPE EASEMENT
DEVELOPMENT AREA PLAN FOR: GLOUCESTER PREMIUM OUTLETS EXISTING Block 13104, Lots 7, 9 and 12 (CONSTRUCTION COMPLETED) DRAINAGE EXISTING EASEMENT Block 13198, Lot 1 WETLANDS GLOUCESTER TOWNSHIP, CAMDEN COUNTY, NJ (TO REMAIN) DATE: 04-30-2018 SCALE: 1" = 200' CENTRAL AVE. SOURCES: DAVID J. FLEMING, PE 1. OUTBOUNDS INFORMATION AND EASEMENT INFORMATION IS BASED ON GLOUCESTER TOWNSHIP TAX SHEET #131.01 AND 2017 EASEMENT PLAN PREPARED FOR GRYBOWSKI GROUP. PC. 553 BECKETT RD., SUITE 608 2. WETLANDS AND WETLANDS BUFFER INFORMATION IS BASED ON APPROVED NJDEP LETTER OF SWEDESBORO, NJ 08085
INTERPRETATION/LINE VERIFICATION, FILE NO. 0415-11-0009.1-FWW 11 0001, DATED NOVEMBER 28, 2011. PREMIUM OUTLETS DR. PH. (856) 241-9705
M:PROPOSALS/2018/MARK/C2701_ FEASIBILITY.DWG 3. BACKGROUND BASE IS 2015 STATE AERIAL PHOTOGRAPHY.
Adam Dembo Fred Berlinsky 856-324-5194 856-324-5190 12 [email protected] [email protected] WETLAND REPORT
Adam Dembo Fred Berlinsky 856-324-5194 856-324-5190 13 [email protected] [email protected] INVESTMENT OPPORTUNITY
1155 S BLACK HORSE PIKE
Adam Dembo 856-324-5194 [email protected] Markeim Chalmers, Inc 856-354-9700 Fred Berlinsky www.markeim.com 856-324-5190 1415 Route 70 E Ste 500 [email protected] Cherry Hill, NJ 08034