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206-208 White Horse Pike Barrington, NJ 08007

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For Sale
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NJ Office Building, Value-Add Opportunity

Property size:
34,737 SF

Property Features for 206-208 White Horse Pike

General Information

Property type
Retail properties & Spaces
Square Feet
34,737 SF
Class
C

Building Details

Year Built
1965
Buildings
2
Stories
2
Units
22

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Listing Contact
Jenifer Raffa

Listing Agency: SABAL REAL ESTATE Listing Agent: Jenifer Raffa

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional value-add investment opportunity presents two office buildings totaling 34,737 square feet situated on a 3.2-acre lot in Barrington, New Jersey. The property, known as Barrington Commons, features 22 units across two, two-story buildings, constructed in 1965. Currently boasting a 90% occupancy rate, the complex generates a strong net operating income (NOI) of $286,642, resulting in an attractive 9.25% capitalization rate. The 6,500 square feet of net rentable space is comprised of a diverse mix of small and medium-sized professional office and medical spaces, many occupied by long-term tenants. Strategically located off Exit 29 of Route 295, Barrington Commons offers convenient access to Philadelphia and the New Jersey Turnpike, providing excellent visibility and accessibility. The property's substantial lot size (141,135 square feet) presents significant potential for future development or expansion, making it an ideal investment for those seeking strong returns and growth opportunities in a prime Camden County location. The asking price for this Class C property is $3,100,000. This is a rare opportunity to acquire a well-positioned multi-tenant office complex with considerable upside potential.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Barrington
County
Camden
State
New Jersey
Longitude
-75.0479414
Latitude
39.8729732

FAQs

What type of property is this?
Retail property - NJ Office Building, Value-Add Opportunity
Where is this retail property located?
The property is located at 206-208 White Horse Pike Barrington, NJ.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: $3,100,000 asking price for a value-add opportunity.; 34,737 total square feet, with 6,500 square feet of net rentable space.; 9.25% cap rate, generating a $286,642 NOI.
(856) 872-4100 Call to check price and availability
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