510 S White Horse Pike, Magnolia, NJ 08049
Turn-key restaurant with building and liquor license for sale.
- Added:
- Jan 26, 2025
- Days on Market:
- 501
- Last Refresh:
- May 20 at 2:43 am
Property Features for 510 S White Horse Pike
General Information
- Standard status
- Active
- Size
- 16,000 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 2015
Listing agent RAYMOND RONG (917) 662-2281
Listing office UNITED REAL ESTATE (917) 662-2281
Listing date Jan 26, 2025
Source Exitrealty
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 UNITED REAL ESTATE
HighLights
- 16000 sq ft Restaurant with Building Included
- Active Liquor License
- Turn‑Key Business Opportunity
- Includes Equipment
- Built in 2015
- Busy Restaurant
Overview
Local Financial Insights For Specialty 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 | $288.0k | $18.00 |
| − Vacancy | −$18.7k | −$1.17 |
| EGI | $269.3k | $16.83 |
| − OpEx | −$67.3k | −$4.21 |
| NOI | $202.0k | $12.62 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Mirabella Catering — 308 Evesham Ave W, Magnolia, NJ 08049
Location Insight
- Map
- Local Demand
- City
- Magnolia
- County
- Camden
- State
- New Jersey
- Longitude
- -75.0251
- Latitude
- 39.8523
