September 4, 2025 – Michael Lombardi and Matt Nadler of Horvath & Tremblay have successfully completed the sale of Plaza Shoppes in Voorhees, New Jersey. Horvath & Tremblay exclusively represented the seller and sourced the buyer to complete the transaction at a sale price of $2,460,000.
Plaza Shoppes is located at 100-118 White Horse Road East in Voorhees, New Jersey. The Property consists of a fully occupied, eight-tenant retail plaza with 10,800 square feet of space on a 1.39-acre parcel. Many of the tenants have attractive annual rental increases built into their leases, throughout both the base terms and any option periods. The Property has been well maintained as the previous owner invested more than $750,000 in Capital Improvements over the past several years including: a new façade, partial new flat roof, new mansard roof, new rear parking lot, new sidewalks, new exterior LED parking lot lights, new signage, a new dumpster enclosure and fencing, a new HVAC system, and electrical upgrades (re-wiring, electrical panels, and meter bank). The Property is strategically located along White Horse Road in the Echelon neighborhood of Voorhees Township. The area features a strong concentration of national and local retailers, mixed with business operations, schools and dense residential neighborhoods. The Property is in close proximity to the Jefferson Health Voorhees campus, Eastern Regional High School and Harris School of Business, as well as several large retail centers driving traffic to the area. Voorhees Township is 15-miles southeast of Philadelphia.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.