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INVESTMENT OPPORTUNITY 1155 S BLACK HORSE PIKE Adam Dembo 856-324-5194 [email protected] Fred Berlinsky 856-324-5190 [email protected] Gloucester Premium Outlets Philadelphia Atlantic City Proposed Dave & Busters Camden County College Markeim Chalmers, Inc 856-354-9700 www.markeim.com 1415 Route 70 E Ste 500 | Cherry Hill | NJ 08034 Exit 7B

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Page 1: INVESTMENT OPPORTUNITY - LoopNet

INVESTMENT OPPORTUNITY

1155 S BLACK HORSE PIKE

Adam [email protected]

Fred [email protected]

Gloucester Premium Outlets

PhiladelphiaAtlantic City

Proposed

Dave & Busters

Camden

County College

Markeim Chalmers, Inc 856-354-9700 www.markeim.com 1415 Route 70 E Ste 500 | Cherry Hill | NJ 08034

Exit 7B

Page 2: INVESTMENT OPPORTUNITY - LoopNet

02

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.

Fred Berlinsky

856-324-5190

[email protected]

Adam Dembo

856-324-5194

[email protected]

Page 3: INVESTMENT OPPORTUNITY - LoopNet

03

TABLE OF CONTENTS

PROPERTY SUMMARY PROPERTY HIGHLIGHTS LOCATION OVERVIEW

AERIAL PHOTOS PHOTOS RETAIL MAP

Fred Berlinsky

856-324-5190

[email protected]

Adam Dembo

856-324-5194

[email protected]

DEMOGRPAHICS SURVEY WETLAND REPORT

04 05 06

07 09 10

11 12 13

Page 4: INVESTMENT OPPORTUNITY - LoopNet

04

PROPERTY SUMMARY

Fred Berlinsky

856-324-5190

[email protected]

Adam Dembo

856-324-5194

[email protected]

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

Page 5: INVESTMENT OPPORTUNITY - LoopNet

05

115 S BLACK HORSE PIKEGloucester 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)

PROPERTY HIGHLIGHTS

Fred Berlinsky

856-324-5190

[email protected]

Adam Dembo

856-324-5194

[email protected]

Page 6: INVESTMENT OPPORTUNITY - LoopNet

06

LOCATION OVERVIEW

Fred Berlinsky

856-324-5190

[email protected]

Adam Dembo

856-324-5194

[email protected]

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

Page 7: INVESTMENT OPPORTUNITY - LoopNet

07

PROPERTY AERIAL

Fred Berlinsky

856-324-5190

[email protected]

Adam Dembo

856-324-5194

[email protected]

SITE

Camden County College

AUTUMN RIDGE APARTMENTS

Gloucester Premium Outlets

Page 8: INVESTMENT OPPORTUNITY - LoopNet

08

PROPERTY AERIAL

Fred Berlinsky

856-324-5190

[email protected]

Adam Dembo

856-324-5194

[email protected]

Gloucester Premium Outlets

Philadelphia

Atlantic

City

42

42

Page 9: INVESTMENT OPPORTUNITY - LoopNet

09

PROPERTY PHOTOS

Fred Berlinsky

856-324-5190

[email protected]

Adam Dembo

856-324-5194

[email protected]

Page 10: INVESTMENT OPPORTUNITY - LoopNet

RETAIL MAP

10Fred Berlinsky

856-324-5190

[email protected]

Adam Dembo

856-324-5194

[email protected]

Atlantic City Expy

White Horse Pike

NJ-

55

S Black H

orse P

ike

Gloucester Premium Outlets

Washington Plaza

Plaza 42

Deptford Mall

The Court atDeptford

DeptfordLanding

Page 11: INVESTMENT OPPORTUNITY - LoopNet

11

DEMOGRAPHICS

Fred Berlinsky

856-324-5190

[email protected]

Adam Dembo

856-324-5194

[email protected]

1 Mile

3 Miles

5 Miles

2018 SUMMARY

Population

Households

Families

Average Household Size

Owner Occupied Housing Units

Renter Occupied Housing Units

Median Age

Median Household Income

Average Household Income

2023 SUMMARY

Population

Households

Families

Average Household Size

Owner Occupied Housing Units

Renter Occupied Housing Units

Median Age

Median Household Income

Average Household Income

1 MILE

9,140

3,825

2,225

2.38

2,410

1,415

41.8

$68,184

$83,549

1 MILE

9,179

3,819

2,222

2.40

2,449

1,371

42.7

$76,890

$96,559

3 MILES

84,190

32,680

21,718

2.56

22,348

10,333

40.2

$66,948

$85,071

3 MILES

85,044

32,900

21,841

2.57

22,807

10,094

41.0

$75,431

$97,912

5 MILES

234,274

91,113

59,797

2.55

62,474

28,639

40.4

$65,904

$85,991

5 MILES

237,040

91,550

60,223

2.56

63,902

28,048

41.1

$74,222

$98,615

Page 12: INVESTMENT OPPORTUNITY - LoopNet

12

PROPERTY SURVEY

Fred Berlinsky

856-324-5190

[email protected]

Adam Dembo

856-324-5194

[email protected]

GLOUCESTER PREMIUM OUTLETS(CONSTRUCTION COMPLETED)

EXIS

T. S

IGH

T EA

SEM

ENT

MAIN STREET

WOODLAND AVE.

HIG

H S

TREE

T

ESTE

LLE

STR

EET

LEH

IGH

ST.

DAVISTOWN ROAD (CO. RTE. 747)

N.J.

S.H.

RO

UTE

42

NO

RTH

BOU

ND

LAN

ES

SOU

THBO

UN

D L

ANES

ZIMMERMAN ROAD

PREM

IUM

OUT

LETS

DR.

BLACKWOODU.S. POST OFFICE

BLOCK 13198LOT 1

EXISTING WETLANDS(TO REMAIN)

EXISTINGWETLANDS

(TO REMAIN)

EXIST. WETLANDS DITCH(PERMIT REQUIRED FOR FILLING)

EXISTING 50 FOOT WIDE WETLANDS BUFFER(POTENTIAL BUFFER AVERAGING)

EXISTING WETLANDS (TO REMAIN)

BLOCK 13104 LOT 12 & BLOCK 13198 LOT1ARE LOCATED IN THE GLEN OAKSREDEVELOPMENT AREA, AMEND. NO. 1, A.K.A.INTERCHANGE REDEVELOPMENT AREA

EXIST. 30 FT. ACCESS &ELECTRIC EASEMENT

BLOCK 13104LOT 12

BLOCK13104LOT 9

AREA FOR POTENTIAL BUFFERAVERAGING ENLARGEMENT

DEVELOPMENTAREA #1

(±18.2 ac.)EXISTING DRAINAGEEASEMENT

APPROXIMATE OUTBOUNDS

THE SHOPPES ATGLOUCESTER TOWNSHIP(COMMERCIAL CENTER)

EXISTINGDRAINAGEEASEMENT

EXISTING BILLBOARDSIGN AND ACCESSEASEMENT

EXISTING DRAINAGE ANDSLOPE EASEMENT

DEVELOPMENTAREA #3(±1.1 ac.)

DEVELOPMENTAREA #4(±2.4 ac.)(Lots 7 & 9)

BLAC

K H

OR

SE P

IKE

(NJS

H R

TE 1

68)

LAKEWOOD RD.

CENTRAL AVE.

DEVELOPMENTAREA #2 (±2.8 ac.)

(3.0 ac. w/Filled Ditch)

LOT

7

BLOCK 13104 LOTS 7 & 9LOTS ARE LOCATED

IN R-1 ZONE

OVERALLTRACT AREA

± 41.5 ac.

553 BECKETT RD., SUITE 608SWEDESBORO, NJ 08085

PH. (856) 241-9705

DAVID J. FLEMING, PE

M:P

RO

POSA

LS/2

018/

MAR

K/C

2701

_ FE

ASIB

ILIT

Y.D

WG

SOURCES:1. OUTBOUNDS INFORMATION AND EASEMENT INFORMATION IS BASED ON GLOUCESTER TOWNSHIP TAX

SHEET #131.01 AND 2017 EASEMENT PLAN PREPARED FOR GRYBOWSKI GROUP. PC.2. WETLANDS AND WETLANDS BUFFER INFORMATION IS BASED ON APPROVED NJDEP LETTER OF

INTERPRETATION/LINE VERIFICATION, FILE NO. 0415-11-0009.1-FWW 11 0001, DATED NOVEMBER 28, 2011.3. BACKGROUND BASE IS 2015 STATE AERIAL PHOTOGRAPHY.

DEVELOPMENT AREA PLAN FOR:Block 13104, Lots 7, 9 and 12

Block 13198, Lot 1GLOUCESTER TOWNSHIP, CAMDEN COUNTY, NJ

DATE: 04-30-2018 SCALE: 1" = 200'

Page 13: INVESTMENT OPPORTUNITY - LoopNet

13

WETLAND REPORT

Fred Berlinsky

856-324-5190

[email protected]

Adam Dembo

856-324-5194

[email protected]

Page 14: INVESTMENT OPPORTUNITY - LoopNet

INVESTMENT OPPORTUNITY

1155 S BLACK HORSE PIKE

Markeim Chalmers, Inc 856-354-9700 www.markeim.com 1415 Route 70 E Ste 500 Cherry Hill, NJ 08034

Adam Dembo856-324-5194

[email protected]

Fred Berlinsky856-324-5190

[email protected]