Retail Space in Berlin
For Sale
Contact for pricing
2 S Route 73, Berlin, NJ
Retail space for sale in high-traffic Berlin shopping center.
Property Size4,500 SF
Lot Size3.95 Acres
Price / SF$222.22
Days on Market908
Property Features for 2 S Route 73
General Information
Standard status
Active
Size
4,500 SF
Lot size
3.95 Acres
Property subtype
RETAIL
Listing Agency:
Vantage Commercial
(856) 797-1919
Listed By:
Ken Richardson · License ##1865294
(609) 346-0512
Source:
Moodyscre
Added: May 3, 2024
Changed: Jul 6
Last Checked: Oct 26 at 1:59PM
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 Vantage Commercial
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The Bloom Circle Shopping Center offers a retail opportunity in the Berlin retail corridor, situated along Route 73. The property is located between Philadelphia and Atlantic City, surrounded by residential communities, and near the Atlantic City Expressway and White Horse Pike. The center features a diverse mix of co-tenants, including Ollie Gator’s Pub, Brazilian Jiu-Jitsu, Circle Chinese Restaurant, Cutting Times II, Mode E Vape Lounge, and PN Nails & Spa. Pylon signage is available for increased visibility. The property offers 4,500 square feet of space.
Key Highlights
- Located in the heart of the Berlin retail corridor on Route 73.
- High visibility due to available pylon signage.
- Well‑situated between Philadelphia and Atlantic City.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,328
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$866,560
$866.6K
Cap Rate 7%
$618,971
$619.0K
Cap Rate 9%
$481,422
$481.4K
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$67.5K $15.00/SF
− Vacancy
−$5.6K −$1.25/SF
EGI
$61.9K $13.76/SF
− OpEx
−$18.6K −$4.13/SF
NOI
$43.3K $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 Rate 5%
$866,560
Cap Rate 7%
$618,971
Cap Rate 9%
$481,422
Alternative Uses
Best Use
Retail
$619.0K
$541.6K – $722.1K
NOI $43,328 @ 7.0% cap · market cap 4.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.14M
$998.4K – $1.33M
NOI $79,870 @ 7.0% cap · market cap 7.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
220
Businesses Nearby
3k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Truist
Shops & Services
2,740 visits/mo
0.4 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Town Square — 302 White Horse Pike, Atco, NJ 08004
- Berlin Shopping Center — 328 S White Horse Pike, Berlin, NJ 08009
Frequently Asked Questions
What type of property is this?
Shopping center - Retail space for sale in high-traffic Berlin shopping center.
Where is this shopping center located?
The property is located at 2 S Route 73 Berlin, NJ.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Located in the heart of the Berlin retail corridor on Route 73.; High visibility due to available pylon signage.; Well‑situated between Philadelphia and Atlantic City.
