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VanRock Properties Acquires Prime Retail Space in Sicklerville for $1.675 Million

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VanRock Properties Acquires Prime Retail Space in Sicklerville for $1.675 Million

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VanRock Properties Acquires Prime Retail Space in Sicklerville for $1.675 Million

Strategic Investment Highlights Growing Appeal of Camden County's Commercial Real Estate Market

VanRock Properties has recently expanded its portfolio with the acquisition of a prominent retail building in Sicklerville, New Jersey, for $1.675 million.

 

The property, located at 1601 Williamstown Erial Road, spans approximately 11,528 square feet and is fully leased to Dollar General through 2029.

 

This acquisition underscores the growing attractiveness of Camden County's commercial real estate market.

 

Originally constructed in 1999 as an Eckerd Pharmacy, the building occupies a 1.54-acre lot at a signalized intersection, offering significant visibility and accessibility.

 

The property's strategic location near major highways and the expanding population of the Sicklerville area contribute to its appeal.

 

Notably, this Dollar General store is among the chain's top-performing locations in New Jersey, reflecting the community's robust demand for convenient retail options.

 

The sale was facilitated by brokers from Cushman & Wakefield, who represented the seller, Erial-Jarvis LLC.

 

The team, comprising Andrew Schwartz, Jordan Sobel, Andre Balthazard, Dan Bottiglieri, and Andy Merin, noted the swift market interest, with an offer accepted within two weeks of listing.

 

This rapid transaction highlights the strong demand for stabilized retail assets in suburban New Jersey.

 

In a related development, First National Realty Partners recently acquired Winslow Plaza, a fully leased shopping center in Sicklerville.

 

This 40,695-square-foot center is shadow-anchored by ShopRite, the region's leading grocer, drawing an estimated 1.7 million visits annually.

 

The acquisition underscores the area's growing appeal to investors seeking stable, high-traffic retail properties.

 

These transactions reflect a broader trend of increased investment in Camden County's retail sector, driven by the region's expanding residential base and strategic location.

 

For investors like VanRock Properties, such acquisitions offer opportunities to capitalize on the area's economic growth and the enduring demand for essential retail services.

 

As Sicklerville continues to develop, the influx of investment is expected to enhance the community's commercial landscape, providing residents with greater access to retail amenities and contributing to the area's overall economic vitality.

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