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Bellmawr’s Browning Square Shopping Center is up for sale with a listing price of $8,235,200.
The shopping center was built in 1995. According to the listing, the lot size is 5.72 acres.
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Investment Overview
- Recent Lease Extensions: 11 Retail tenants extended and updated their leases in January 2022.
- All units are between 990 sq ft to 12,000 sq ft.
- 46% of the gross leasing area (GLA) has been operating at the center for 10+ years.
Shopping Center Tenant Mix:
The center features Dollar General (12+ years operating), Fulton Bank (22+ years operating), and 16 successful local tenants.
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Investment Highlights
- 63K+ sq ft. Shopping Center
- 94% occupied
- Ample parking (245+/- Spaces)
- Multiple points of prime access located on the corner at the signalized intersection of West Browning Road and North Bell Road.
- Current ownership is the original developer after inception and has owned this property for almost 30 years.
To view the listing, click the image below:
The property is listed by Marcus & Millichap:
Mark Krantz
Vice President Investments
(215) 531-7056
Broker of Record
John Horowitz
First Vice President/ Division Manager
(718) 475-4300