For Auction

REIT Sale | Former Rite Aid with 2 Drive-Thrus | 23K VPD | Philadelphia DMA

970 North Main Road,
Vineland, NJ 08360

Asset Snapshot

Retail
Property Type
1998
Year Built
78
Parking Spots
23,332
Vehicles Per Day
1.79 Acres
Land Area
13,200 SF
Property Size

Investment Highlights

Freestanding Retail with Built-In Upside
±13,200 SF former Rite Aid on ±1.79 acres offers two drive-thrus, 78 spaces, and reuse potential.
Signalized Hard Corner with 23K+ VPD
N Main Road and Oak Road deliver ±23,332 combined VPD with three curb cuts and strong access.
Two Covered Drive-Thrus Already in Place
Existing lanes add flexibility for future retail, service, or adaptive reuse concepts.
Established South Jersey Retail Corridor
Walgreens, Dunkin’, McDonald’s, Family Dollar, and local businesses drive recurring activity nearby.
Strong Five-Mile Consumer Demographics
±68,000 residents with average household income above $95,000 support neighborhood demand.
Regional Access to Greater Philadelphia
Route 55 is under 10 minutes away, connecting Vineland with South Jersey and Philadelphia markets.

Offering Summary

For Tours prior to auction, please email Kyle.Hynes@marcusmillichap.com & Philip.Kates@marcusmillichap.com
**Tours will not be allowed after auction.

 

Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 970 N Main Road in Vineland, New Jersey is a vacant ±13,200-square-foot freestanding former Rite Aid positioned for lease-up, owner-user occupancy, or adaptive reuse. Built in 1998 on ±1.794 acres, the Property features two covered drive-thru lanes, 78 surface parking spaces, asphalt-paved circulation, and multiple access points. The signalized hard-corner site provides ±252 feet of frontage and two curb cuts along N Main Road, which carries ±17,391 VPD, plus ±321 feet of frontage and an additional curb cut along Oak Road at ±5,941 VPD, for approximately 23,332 combined VPD. B-3 Business zoning supports retail, professional services, and other neighborhood-serving commercial uses, subject to applicable approvals. The Property sits within an established South Jersey commercial corridor near Walgreens, Dunkin’, McDonald’s, Family Dollar, Cumberland Mall, and the 312-bed Inspira Medical Center Vineland. Route 55 is less than 10 minutes away, providing access toward the greater Philadelphia region, while Rowan College of South Jersey is within 30 minutes. CoStar estimates retail market rents at $15-$19/SF NNN. Within five miles, the surrounding trade area includes more than 68,000 residents with average household income exceeding $95,000.

Due Diligence

Location

Vineland is Cumberland County’s largest municipality and a regional retail, healthcare, and employment hub in southern New Jersey. The city serves surrounding communities including Millville and Bridgeton, with access to Route 55, Philadelphia, and Jersey Shore destinations. Healthcare, food processing, manufacturing, distribution, and retail support year-round activity.

Transaction Managers

Platform Fee

Buyer pays a minimum platform fee of 5% or $25,000 at closing.

How it Works

Learn about bidding, reserve prices, and closing.

Read the auction guide

Auctioneer

Peter Costanzo
c/o Fisher Auction Company, Inc.
License: BK No. 8910502

Need Help?

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Auction Opens In
46d 19h 40m 25s
$150,000
Starting Bid
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Bidding Opens
Bidding Closes

Investment Sales Brokers

Mark Krantz
Marcus & Millichap
NJ License: 1863254
JM
Jim McGuckin
Marcus & Millichap
NJ License: 2082114

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.