416-418 Stokes Road

Description

A rare opportunity to own a very well maintained a 4848 SF investment commercial property currently leased through April 30, 2025 by an Engineering Firm. There's also the option to occupy, should any owner wish to negotiate the current lease terms. There's presently two buildings on the site being utilized...as professional offices and storage. You enter the main building to a expansive reception area, surrounded by 12 offices, and 4 production areas that include a copying/blueprint space, file area, conference room, Kitchenette, and two restrooms. Obviously, some of these areas could be converted to offices or other areas. The second level has a utility room that stores the Solar Panel Electric Panels Distribution, two restrooms, storage area, and file area, which could be converted to other offices. There are also some storage closets, etc. The building has three HVAC systems....which the first floor is divided in half, with two zones of independent HVAC systems. The upstairs has its own independent system. The existing lease is a Double Net Lease with the Landlord paying the Real Estate Taxes. (Tenant Pays all expenses & utilities). The Solar Cells are owned and will be transferred to any new purchaser, at no cost. The second building is an older historic house, which has been converted to storage, which has four areas on the first floor, and three areas on the second floor, with restrooms on each floor. The Building layouts are in the document file. This is strategically located on Stokes Road, which is the business corridor within Medford. Walking distance to retail businesses, restaurants, fast food, Murphy's Grocery, Otts, PJ Welihans, Zinc Cafe, and,.. many other professional entities. Perfect convenience with Access to all the city has to offer. Close proximity to Higher Medical Facilities & Teaching Facilities+G-such as Cooper, Fox Chase, Jefferson, Virtua & Penn. Close Proximity to High End Shopping, The Promenade Shopping Center, Centerton Square (Wegmans & Costco), Moorestown and Cherry Hill Malls. Convenient location to Routes 70, 73, 206, 38 and the Atlantic City Expressways & Garden State Parkway. Easy access to the Ben Franklin, Walt Whitman, Burlington Bristol, Commodore Barry, Tacony-Palmyra Bridges. Close to the Philadelphia International Airport, & Atlantic City Airport and Sports Stadiums. Just an unbeatable location that highlights this property. Less than 45 minutes to Long Beach Island, and other shore points. Unlike many communities, Medford has not lost its+GG +G+soul+G- to the suburban sprawl which has consumed many of New Jersey+GGs towns. Medford has bustling Village area, where unique shops and restaurants line our original and historic +G+Main Street.+G-...and, and, supports new businesses. The residential areas in Medford have been created with respect for the woodlands, streams and lakes surrounding us. Homes of log cabins, Victorian estates and contemporary facades dot the landscape. Dedicated open space, private camps, bike paths and sidewalks allow for many recreational activities. With Medford+GGs border of a million acres of protected forest and over 50% of the township as dedicated open space and natural surroundings, Medford is assured of a quiet and healthy environment for the future. This is a very prime Medford location.