End-Unit Flex Office
150 COOPER ROAD #A3, West Berlin, NJ 08091
For Sale
$259,900
End-unit office flex space in a professional/industrial park with frontage on Cooper Road.
Property Size1,800 SF
Price / SF$144.39
Days on Market103
Property Features for 150 COOPER ROAD #A3
General Information
Standard status
Size
Property subtype
Additional Details
Road Access
Building Details
Year Built
Listing Agency:
BHHS Fox & Roach-Marlton
(856) 810-5300
Listed By:
Sidney Benstead · License #8032152
(856) 810-5710
Source:
Cummingsrealtors
Added: Jul 28
Changed: Nov 6
Last Checked: Nov 6 at 10:26AM
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 BHHS Fox & Roach-Marlton
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Investment Insights
Based on property information with market context.
Approximately 1,800 sq. ft. end-unit office flex space is located in a professional/industrial park. Built in 1988, the space is described as high end and well done, and is positioned with frontage on Cooper Road.
The layout is well suited to flexible office and light industrial uses, with the opportunity to refit for warehouse use depending on your operational needs. As an end unit, it offers street-facing frontage along Cooper Road, supporting visibility for customer-facing or administrative functions.
This property is a practical option for tenants or buyers looking for a professional/industrial park location with the ability to support both office and flex activity.
The layout is well suited to flexible office and light industrial uses, with the opportunity to refit for warehouse use depending on your operational needs. As an end unit, it offers street-facing frontage along Cooper Road, supporting visibility for customer-facing or administrative functions.
This property is a practical option for tenants or buyers looking for a professional/industrial park location with the ability to support both office and flex activity.
Key Highlights
- Approximately 1,800 sq. ft. end‑unit flex office space
- Frontage on Cooper Road
- Located in a professional/industrial park
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,539
Cap Rate
6.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$350,780
$350.8K
Cap Rate 7%
$250,557
$250.6K
Cap Rate 9%
$194,878
$194.9K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$27.0K $15.00/SF
− Vacancy
−$1.9K −$1.08/SF
EGI
$25.1K $13.92/SF
− OpEx
−$7.5K −$4.18/SF
NOI
$17.5K $9.74/SF
Area
Camden County, NJ
Vacancy
7.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$350,780
Cap Rate 7%
$250,557
Cap Rate 9%
$194,878
Alternative Uses
Best Use
Office B
$360.8K
$315.7K – $421.0K
NOI $25,258 @ 7.0% cap · market cap 9.72%
Second Best
Industrial
$250.6K
$219.2K – $292.3K
NOI $17,539 @ 7.0% cap · market cap 6.75%
Theoretical Best
Office A
$456.4K
$399.4K – $532.5K
NOI $31,948 @ 7.0% cap · market cap 12.29%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
466
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08091, NJ
5,867
Population
2,588
Households
2.3
Avg Household Size
45
Median Age
26%
College-Educated
90%
High-School Grad
3.3 sq mi
ZIP Area
1,778
Density / Sq Mi
$74,828
Median Household Income
$41,031
Median Earnings
$1,346
Median Rent
$247,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Camden County, NJ
Properties on Market for Flex space in Camden County
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Zallie's Catering — 116 Walker Ave, West Berlin, NJ 08091
- Sweetboards, LLC — 223 Haddon Ave, West Berlin, NJ 08091
Frequently Asked Questions
What type of property is this?
Flex space - End-unit office flex space in a professional/industrial park with frontage on Cooper Road.
Where is this flex space located?
The property is located at 150 COOPER ROAD #A3 West Berlin, NJ.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Approximately 1,800 sq. ft. end‑unit flex office space; Frontage on Cooper Road; Located in a professional/industrial park
