Restaurant For
For Sale
$450,000
Pending
2591 Haddonfield Rd, Pennsauken, NJ 08110
Restaurant property offered for sale in Camden County, accessible via GPS directions.
Property Size1,500 SF
Days on Market223
Property Features for 2591 Haddonfield Rd
General Information
Standard status
Pending
Size
1,500 SF
Total Parking Spaces
12
Zoning
COM
Taxes and HOA fees
Annual Taxes
$5,112
Amenities
Electric
Building Details
Building Size
1,500 SF
Year Built
1938
Listing Agency:
Keller Williams Realty - Washington Township
Listed By:
Pelligrino Stellato · License #2081809
(856) 693-7070
Source:
Evrealestate
Added: Mar 15
Changed: Oct 22
Last Checked: Oct 20 at 9:22PM
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 Keller Williams Realty - Washington Township
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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.
This restaurant property is offered for sale and is located at 2591 Haddonfield Rd in Pennsauken, New Jersey. The listing is identified for conventional restaurant use.
Directions are provided as “use GPS.” The property is in Camden County.
Additional property details such as interior layout, condition, and specific operating features were not included in the information provided.
Directions are provided as “use GPS.” The property is in Camden County.
Additional property details such as interior layout, condition, and specific operating features were not included in the information provided.
Key Highlights
- Electric heating
- Year built: 1938
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,934
Cap Rate
4.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$378,680
$378.7K
Cap Rate 7%
$270,486
$270.5K
Cap Rate 9%
$210,378
$210.4K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$27.0K $18.00/SF
− Vacancy
−$1.8K −$1.17/SF
EGI
$25.2K $16.83/SF
− OpEx
−$6.3K −$4.21/SF
NOI
$18.9K $12.62/SF
Area
Camden County, NJ
Vacancy
6.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$378,680
Cap Rate 7%
$270,486
Cap Rate 9%
$210,378
Alternative Uses
Best Use
Specialty Retail
$270.5K
$236.7K – $315.6K
NOI $18,934 @ 7.0% cap · market cap 4.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$380.3K
$332.8K – $443.7K
NOI $26,623 @ 7.0% cap · market cap 5.92%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
369
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08110, NJ
19,599
Population
6,738
Households
2.9
Avg Household Size
37
Median Age
20%
College-Educated
77%
High-School Grad
6.5 sq mi
ZIP Area
3,015
Density / Sq Mi
$81,307
Median Household Income
$40,804
Median Earnings
$1,192
Median Rent
$194,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant property offered for sale in Camden County, accessible via GPS directions.
Where is this conventional restaurant located?
The property is located at 2591 Haddonfield Rd Pennsauken, NJ.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Electric heating; Year built: 1938
