Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space in Grocery-Anchored Strip Title is generated by Realmo AI

    108 Swedesboro Road, Mullica Hill, NJ 08062

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Available retail space in high-traffic Mullica Hill shopping center.

    Type:Retail
    Property size:
    8,400 SF
    Added:
    Jan 27, 2026
    Days on Market:
    116
    Last Refresh:
    Jan 21 at 8:39 pm

    Property Features for 108 Swedesboro Road

    General Information

    Standard status
    Active
    Size
    8,400 SF
    Property subtype
    Retail

    Properties For Sale

    at 108 Swedesboro Road Contact us

    We can help!

    Listing Contact
    Samantha Phillips
    Samantha Phillips

    Listing agent Samantha Phillips License #6501434142

    Listing office KW Domain Birmingham

    Listing date Jan 27, 2026

    Source Metrocommercial

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

    All listing content including descriptions, pricing, images are the copyrighted material of KW Domain Birmingham

    HighLights

    • Grocery Anchored Strip Centrally located in Mullica Hill
    • High performing neighborhood strip with 717,000 annual visitors
    • Situated at heavily trafficked signalized intersection
    • Former Rite Aid location
    • ±8,400 SF Available
    • Nearby to NJ Turnpike & Route 55

    Overview

    The available retail space, formerly a Rite Aid, is located at 108 Swedesboro Road in Mullica Hill, New Jersey. The property is situated within a grocery-anchored strip mall centrally located in Mullica Hill. The location benefits from a heavily trafficked, signalized intersection. According to placer.ai, the neighborhood strip experiences approximately 717,000 annual visitors. The available space measures approximately 8,400 square feet. The property is located near the New Jersey Turnpike and Route 55.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dental Care of Mullica ... Dental Office USAA Atm Yoder's BBQ Pit Restaurant higi Medical Clinic Laura Zimmermann Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • CVS — 451 Cedar Rd, Mullica Hill, NJ 08062
    • CVS Pharmacy — 451 Cedar Rd, Mullica Hill, NJ 08062
    • Susan Zintner-Galloway, RPH — 108 Swedesboro Rd, Mullica Hill, NJ 08062, United States
    • Julio Carrion — 451 Cedar Rd, Mullica Hill, NJ 080622509

    Location Insight

    • Map
    • Local Demand
    City
    Mullica Hill
    County
    Gloucester
    State
    New Jersey
    Longitude
    -75.2261
    Latitude
    39.7436

    Nearby Similar for Sale

    • $599,900

      Route 322 Commercial Opportunity

      2,352 sq. ft. property on 1.5 acres.
      503 MULLICA HILL ROAD, MULLICA HILL, NJ 08062
      View Details
    • $750,000
      1,140 SF

      Mullica Hill Mixed-Use Opportunity

      Two-bay garage with single-family home in high-visibility location.
      102 BRIDGETON PIKE, MULLICA HILL, NJ 08062
      View Details
    • $949,900
      6,514 SF

      Historic Colonial Mixed-Use Property

      Historic mixed-use property with office, apartments, and cottage.
      53 N MAIN STREET, MULLICA HILL, NJ 08062
      View Details
    • $969,900
      6,514 SF

      Historic Colonial Mixed-Use Property

      Historic 1860 Colonial with income-producing opportunities in prime location.
      53 N MAIN STREET, MULLICA HILL, NJ 08062
      View Details
    • $429,000
      2,564 SF

      Mullica Hill Office/Retail Building

      Freestanding office/retail building on Mullica Hill Road.
      531 Mullica Hill Rd, Mullica Hill, NJ, 08062-2665
      View Details
    • $749,999

      28-Acre Vineyard with Approved Facility

      Established vineyard with facility build approval on 28 acres.
      101 Griffin Road, Mullica Hill, NJ 08062
      View Details

    FAQs

    What type of property is this?
    Drug store - Available retail space in high-traffic Mullica Hill shopping center.
    Where is this drug store located?
    The property is located at 108 Swedesboro Road Mullica Hill, NJ.
    What are key features of this property?
    This property features: Grocery Anchored Strip Centrally located in Mullica Hill; High performing neighborhood strip with 717,000 annual visitors; Situated at heavily trafficked signalized intersection
    (248) 590-0800
    We can help!
    Listing Contact
    Samantha Phillips
    Samantha Phillips
    Real Estate License ID: 6501434142
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    108 Swedesboro Road, Mullica Hill, NJ 08062
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!