Freestanding Storefront with Full
For Sale
Contact for pricing
130 South White Horse Pike, Magnolia, NJ 08049
Standalone commercial building with basement storage, a rear lot, and visibility along the White Horse Pike retail corridor.
Property Size3,999 SF
Price / SF$237.56
Days on Market87
Property Features for 130 South White Horse Pike
General Information
Standard status
Active
Size
3,999 SF
Property subtype
Retail
Zoning
commercial
Investment Type
Value Add
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Asking Price
$950,000
Building Details
Buildings
1
Building Size
3,999 SF
Listing Agency:
Anchor Commercial Development
(215) 389-2280
Listed By:
Yvonne Hu · License #PA RB066711
Source:
Crexi
Added: Jun 7
Changed: Aug 30
Last Checked: Aug 31 at 5:51PM
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 Anchor Commercial Development
Investment Insights
Based on property information with market context.
This freestanding storefront property offers approximately 3,999 SF of building area together with a full basement for storage and operational support. The sale includes a rear residential lot, creating additional site area for parking, outdoor storage, or future improvements subject to municipal approvals. The property is zoned commercial and may accommodate retail, medical office, professional office, or service-oriented uses identified in the listing materials.
Positioned on the White Horse Pike, also designated US Route 30, the property is directly across from Walmart Supercenter and adjacent to Royal Farms. Route 42, I-295, the New Jersey Turnpike, and Philadelphia are accessible from the site, with Center City Philadelphia approximately 15 minutes away. The surrounding corridor includes established retail activity and a dense residential population throughout Camden County.
Positioned on the White Horse Pike, also designated US Route 30, the property is directly across from Walmart Supercenter and adjacent to Royal Farms. Route 42, I-295, the New Jersey Turnpike, and Philadelphia are accessible from the site, with Center City Philadelphia approximately 15 minutes away. The surrounding corridor includes established retail activity and a dense residential population throughout Camden County.
Key Highlights
- Approximately 3,999 SF building with full basement
- Rear residential lot included in sale
- Directly across from Walmart Supercenter
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$56,116
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.91%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,122,320
$1.1M
Cap Rate 7%
$801,657
$801.7K
Cap Rate 9%
$623,511
$623.5K
Market Conditions
NOI Build-Up for 3,999 SF
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.
Gross rent
$87.8K $21.96/SF
− Vacancy
−$13.0K −$3.25/SF
EGI
$74.8K $18.71/SF
− OpEx
−$18.7K −$4.68/SF
NOI
$56.1K $14.03/SF
Area
Camden County, NJ
Vacancy
14.80%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,122,320
Cap Rate 7%
$801,657
Cap Rate 9%
$623,511
Alternative Uses
Best Use
Office B
$801.7K
$701.5K – $935.3K
NOI $56,116 @ 7.0% cap · market cap 5.91%
Second Best
Healthcare Medical
$700.9K
$613.3K – $817.7K
NOI $49,063 @ 7.0% cap · market cap 5.16%
Theoretical Best
Office A
$1.01M
$887.2K – $1.18M
NOI $70,978 @ 7.0% cap · market cap 7.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
508
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08049, NJ
5,284
Population
2,289
Households
2.3
Avg Household Size
40
Median Age
33%
College-Educated
94%
High-School Grad
1.2 sq mi
ZIP Area
4,403
Density / Sq Mi
$94,567
Median Household Income
$52,556
Median Earnings
$1,204
Median Rent
$227,300
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Standalone commercial building with basement storage, a rear lot, and visibility along the White Horse Pike retail corridor.
Where is this storefront property located?
The property is located at 130 South White Horse Pike Magnolia, NJ.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Approximately 3,999 SF building with full basement; Rear residential lot included in sale; Directly across from Walmart Supercenter
