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    206-208 White Horse Pike Barrington, NJ 08007

    For Sale
    $3,100,000

    NJ Office Building, Value-Add Opportunity

    Property size:
    34,737 SF

    Description

    Added:
    Jan 24, 2025
    Days on Market:
    324
    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 Features for 206-208 White Horse Pike

    General Information

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

    Building Details

    Year Built
    1965
    Buildings
    2
    Stories
    2
    Units
    22

    HighLights

    • $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.
    • Two‑building, multi‑tenant office/retail property located at 206‑208 White Horse Pike, Barrington, NJ 08007.
    • Property sits on a 141,135 square foot lot, with 22 units and two stories.
    • Built in 1965, currently 90% occupied, offering significant value‑add potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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

    Nearby Comparable

    • $3,100,000
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      Barrington Office Building - Investment Opportunity

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      Barrington Office Suite - Now Leasing

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      Haddon Heights Office Investment Opportunity

      8,654 SF building ideal for office or professional use.
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      Glendora Multi-Family Value-Add Opportunity

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    • $75,000
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      HADDON HEIGHTS Office For Sale

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      View Details

    Nearby Similar for Sale

    • $3,100,000
      35,000 SF

      Barrington Office Building - Investment Opportunity

      Multi-tenant office building, high occupancy, prime location.
      206 White Horse Pike, Barrington, NJ 08007
      View Details
    • Contact for pricing

      Barrington Office Suite - Now Leasing

      1000 sq ft office, prime location, ample parking.
      110 Trenton Ave Unit, Barrington, NJ 08007
      View Details

    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.
    Request Owner's contact information
    206-208 White Horse Pike Barrington, NJ 08007
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    Barrington, NJ 08007
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    206-208 White Horse Pike Barrington, NJ 08007
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