Retail Space in Berlin
2 S Route 73 Berlin, NJ
For Sale
Contact for pricing
Retail space for sale in high-traffic Berlin shopping center.
Property Size4,500 SF
Lot Size3.95 Acres
Price / SF$222.22
Days on Market818
Property Features for 2 S Route 73
General Information
Standard status
Active
Size
4,500 SF
Lot size
3.95 Acres
Property subtype
RETAIL
Properties For Sale
at 2 S Route 73 Contact us
Listing Agency:
Vantage Commercial
(609) 346-0512
Listed By:
Ken Richardson · License #NJ 1865294
(609) 346-0512
Source:
Moodyscre
Added: May 3, 2024
Changed: Jul 6
Last Checked: Jul 21 at 4:58AM
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 Vantage Commercial
Investment Insights
Based on property information with market context.
The Bloom Circle Shopping Center offers a retail opportunity in the Berlin retail corridor, situated along Route 73. The property is located between Philadelphia and Atlantic City, surrounded by residential communities, and near the Atlantic City Expressway and White Horse Pike. The center features a diverse mix of co-tenants, including Ollie Gator’s Pub, Brazilian Jiu-Jitsu, Circle Chinese Restaurant, Cutting Times II, Mode E Vape Lounge, and PN Nails & Spa. Pylon signage is available for increased visibility. The property offers 4,500 square feet of space.
Key Highlights
- Located in the heart of the Berlin retail corridor on Route 73.
- High visibility due to available pylon signage.
- Well‑situated between Philadelphia and Atlantic City.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $67.5k | $15.00 |
| − Vacancy | −$5.6k | −$1.25 |
| EGI | $61.9k | $13.76 |
| − OpEx | −$18.6k | −$4.13 |
| NOI | $43.3k | $9.63 |
4,500 SF · lease $15.00/SF/yr · vacancy 8.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$619.0K
$541.6K – $722.1K
NOI $43,328 @ 7.0% cap · market cap 4.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.14M
$998.4K – $1.33M
NOI $79,870 @ 7.0% cap · market cap 7.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Berlin Shopping Center — 328 S White Horse Pike, Berlin, NJ 08009
- Town Square — 302 White Horse Pike, Atco, NJ 08004
Frequently Asked Questions
What type of property is this?
Shopping center - Retail space for sale in high-traffic Berlin shopping center.
Where is this shopping center located?
The property is located at 2 S Route 73 Berlin, NJ.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Located in the heart of the Berlin retail corridor on Route 73.; High visibility due to available pylon signage.; Well‑situated between Philadelphia and Atlantic City.
