Storefront Retail
For Sale
$320,000
14 N Main St, Mullica Hill, NJ 08062
For sale retail storefront on N Main Street in Gloucester County, suited for neighborhood-oriented retail users.
Property Size936 SF
Price / SF$341.88
Days on Market65
Property Features for 14 N Main St
General Information
Standard status
Active
Size
936 SF
Zoning
COMM
Taxes and HOA fees
Annual Taxes
$4,835
Amenities
Window Unit(s)
Radiant, Oil
Electric Water Heater
On Street
Building Details
Building Size
936 SF
Year Built
1800
Listing Agency:
Berkshire Hathaway HomeServices Fox & Roach REALTORS Mullica Hill
(856) 981-8841
Listed By:
Kristine Bowe · License #SP1753912
(856) 981-8841
Source:
Evrealestate
Added: Jun 6
Changed: Aug 8
Last Checked: Aug 9 at 7:27AM
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 Berkshire Hathaway HomeServices Fox & Roach REALTORS Mullica Hill
Investment Insights
Based on property information with market context.
This for-sale storefront retail property is offered as a compact commercial space measuring 936 square feet. The listing is positioned for retail use and presents as a dedicated storefront on a main street frontage, providing a straightforward setup for businesses that rely on walk-in and street-level visibility.
The address is 14 N Main St in Mullica Hill, NJ 08062, in Gloucester County. The provided directions indicate PIQ is on the right, with access tied to N Main Street.
From a tenant or buyer perspective, this property’s size and storefront format can be a practical fit for a wide range of retail concepts looking for a small footprint in a town-center setting. Prospective users should review the space as presented and confirm fit with their specific operational requirements, including how they plan to use the storefront for customer access and merchandising.
The address is 14 N Main St in Mullica Hill, NJ 08062, in Gloucester County. The provided directions indicate PIQ is on the right, with access tied to N Main Street.
From a tenant or buyer perspective, this property’s size and storefront format can be a practical fit for a wide range of retail concepts looking for a small footprint in a town-center setting. Prospective users should review the space as presented and confirm fit with their specific operational requirements, including how they plan to use the storefront for customer access and merchandising.
Key Highlights
- For sale retail storefront on N Main Street in Gloucester County
- Year built: 1800
- Heating includes radiant heat with oil
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
$10,595
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
3.31%
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%
$211,900
$211.9K
Cap Rate 7%
$151,357
$151.4K
Cap Rate 9%
$117,722
$117.7K
Market Conditions
NOI Build-Up for 936 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
$15.9K $17.04/SF
− Vacancy
−$813 −$0.87/SF
EGI
$15.1K $16.17/SF
− OpEx
−$4.5K −$4.85/SF
NOI
$10.6K $11.32/SF
Area
Gloucester County, NJ
Vacancy
5.10%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
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%
$211,900
Cap Rate 7%
$151,357
Cap Rate 9%
$117,722
Alternative Uses
Best Use
Retail
$151.4K
$132.4K – $176.6K
NOI $10,595 @ 7.0% cap · market cap 3.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$314.6K
$275.3K – $367.1K
NOI $22,024 @ 7.0% cap · market cap 6.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
288
Businesses Nearby
10k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
TD Bank
Shops & Services
9,213 visits/mo
0.4 miles
Truist
Shops & Services
1,255 visits/mo
0.1 miles
Demographics for 08062, NJ
17,446
Population
5,796
Households
3
Avg Household Size
40
Median Age
54%
College-Educated
95%
High-School Grad
32.2 sq mi
ZIP Area
542
Density / Sq Mi
$159,386
Median Household Income
$74,254
Median Earnings
$1,097
Median Rent
$468,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - For sale retail storefront on N Main Street in Gloucester County, suited for neighborhood-oriented retail users.
Where is this storefront property located?
The property is located at 14 N Main St Mullica Hill, NJ.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: For sale retail storefront on N Main Street in Gloucester County; Year built: 1800; Heating includes radiant heat with oil
