Former Rite Aid For Sale/Lease

Gibbstown is located in Greenwich Township, Gloucester County, New Jersey, within the greater South Jersey / Philadelphia metropolitan region. The market benefits from direct proximity to Philadelphia (±25 miles) and is positioned within one of the Mid-Atlantic’s most active logistics, port, and industrial corridors. Strategic Transportation & Logistics Hub: Gibbstown sits near Interstate 295, the New Jersey Turnpike, Route 130, and Route 322, providing efficient regional access to Philadelphia, Wilmington, Baltimore, and New York City. The area is further enhanced by its adjacency to the Delaware River deep-water port system, including the Gibbstown Logistics Center, a growing marine terminal and energy/logistics campus supporting industrial, shipping, and trade-related uses. This connectivity has positioned the area as a prime location for warehouse, distribution, manufacturing, and last-mile logistics users, driving steady demand for industrial and retail-adjacent real estate. Economic Drivers & Employment Base: The local economy is supported by a diverse mix of logistics, manufacturing, healthcare, energy, retail, and small-business employment. Major regional employers include Rowan University, Inspira Health Network, Amazon logistics facilities, energy and port-related operators, and regional distribution companies. The continued expansion of the South Jersey industrial market has strengthened job growth and increased household income stability in the surrounding trade area. Demographics & Consumer Base: Gibbstown draws from a stable blue-collar and middle-income residential base, with consistent population density across Gloucester County and neighboring Salem and Camden Counties. The broader trade area benefits from steady household formation, commuter traffic into Philadelphia, and a strong base of service-oriented retail demand. Retail and essential-service properties in the region benefit from limited new retail supply, stable consumer spending patterns, and demand driven by daily-needs, healthcare, pharmacy, and convenience-oriented uses. Real Estate & Investment Climate: South Jersey remains an attractive investment market due to lower land and operating costs relative to North Jersey and Pennsylvania, while still capturing Northeast corridor demand. The industrial and logistics boom continues to support tenant credit strength, rent growth, and long-term market stability, while retail properties anchored by essential and necessity-based tenants have demonstrated strong resilience. The Gibbstown submarket offers investors a combination of strong regional connectivity, expanding logistics infrastructure, stable employment drivers, and durable consumer demand, positioning it as a compelling location for long-term net-lease and necessity-based retail investment.x