Restaurant
For Sale
Contact for pricing
1468 HADDON AVE, Camden, NJ 08103
Restaurant property with commercial, restaurant, and residential zoning designations.
Property Size2,200 SF
Price / SF$131.36
Days on Market8
Property Features for 1468 HADDON AVE
General Information
Standard status
Active
Size
2,200 SF
Property subtype
Retail
Zoning
Commercial/ Restaurant / Resident
Building Details
Year Built
1943
Year Renovated
2011
Units
1
Listing Agency:
KW Commercial Cherry Hill
Listed By:
Paul Cheng · License #PA & NJ
Source:
Crexi
Added: Jul 31
Changed: Aug 4
Last Checked: Aug 6 at 7:09AM
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 Commercial Cherry Hill
Investment Insights
Based on property information with market context.
This restaurant property was constructed in 1943 and has a reported property size of 2,200. Its zoning designations include commercial, restaurant, and residential categories. The property is located at 1468 Haddon Ave in Camden, New Jersey.
Key Highlights
- 2,200 reported property size
- Built in 1943
- Commercial, restaurant, and residential zoning designations
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
$21,183
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
7.33%
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%
$423,660
$423.7K
Cap Rate 7%
$302,614
$302.6K
Cap Rate 9%
$235,367
$235.4K
Market Conditions
NOI Build-Up for 2,200 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
$33.0K $15.00/SF
− Vacancy
−$2.7K −$1.25/SF
EGI
$30.3K $13.76/SF
− OpEx
−$9.1K −$4.13/SF
NOI
$21.2K $9.63/SF
Area
Camden County, NJ
Vacancy
8.30%
Lease Rate
$15.00 /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%
$423,660
Cap Rate 7%
$302,614
Cap Rate 9%
$235,367
Alternative Uses
Best Use
Specialty Retail
$396.7K
$347.1K – $462.8K
NOI $27,770 @ 7.0% cap · market cap 9.61%
Second Best
Retail
$302.6K
$264.8K – $353.1K
NOI $21,183 @ 7.0% cap · market cap 7.33%
Theoretical Best
Office A
$557.8K
$488.1K – $650.8K
NOI $39,048 @ 7.0% cap · market cap 13.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,595
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08103, NJ
12,862
Population
5,384
Households
2.4
Avg Household Size
34
Median Age
10%
College-Educated
71%
High-School Grad
2.1 sq mi
ZIP Area
6,125
Density / Sq Mi
$37,563
Median Household Income
$26,402
Median Earnings
$1,203
Median Rent
$103,800
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?
Conventional restaurant - Restaurant property with commercial, restaurant, and residential zoning designations.
Where is this conventional restaurant located?
The property is located at 1468 HADDON AVE Camden, NJ.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: 2,200 reported property size; Built in 1943; Commercial, restaurant, and residential zoning designations
