Three-Storefront Shopping
New
For Sale
$1,450,000
303 ROUTE 130, Bordentown, NJ 08505
The center combines occupied retail and food-service spaces with one vacant storefront.
Property Size6,134 SF
Price / SF$236.39
Days on Market5
Property Features for 303 ROUTE 130
General Information
Standard status
Active
Size
6,134 SF
Total Parking Spaces
20
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Tenant in Place
Yes
Amenities
signage on Rt 130
Building Details
Year Built
1989
Tenancy
Multi
Listing Agency:
BHHS Fox & Roach-Marlton
(856) 810-5300
Listed By:
Christopher Benstead · License #8830917
(856) 810-5711
Source:
Cummingsrealtors
Added: Oct 26
Changed: Oct 29
Last Checked: Oct 28 at 3:46PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 6,134-square-foot shopping center in Bordentown, New Jersey, was built in 1989 and contains three storefronts. One is occupied by a convenience store and another by a restaurant; the third space is vacant.
The property fronts Route 130 and has signage on the route. A private parking lot provides 20+/- spaces.
The property fronts Route 130 and has signage on the route. A private parking lot provides 20+/- spaces.
Key Highlights
- 6,134 square feet across three storefronts
- Convenience store and restaurant occupy two storefronts; one space is vacant
- Private parking lot with 20+/- spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,728
Cap Rate
6.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,834,560
$1.8M
Cap Rate 7%
$1,310,400
$1.3M
Cap Rate 9%
$1,019,200
$1.0M
Market Conditions
NOI Build-Up for 6,134 SF
Gross rent
$137.6K $22.44/SF
− Vacancy
−$6.6K −$1.08/SF
EGI
$131.0K $21.36/SF
− OpEx
−$39.3K −$6.41/SF
NOI
$91.7K $14.95/SF
Area
Burlington County, NJ
Vacancy
4.80%
Lease Rate
$22.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,834,560
Cap Rate 7%
$1,310,400
Cap Rate 9%
$1,019,200
Alternative Uses
Best Use
Retail
$1.31M
$1.15M – $1.53M
NOI $91,728 @ 7.0% cap · market cap 6.33%
Second Best
Specialty Retail
$1.13M
$988.5K – $1.32M
NOI $79,083 @ 7.0% cap · market cap 5.45%
Theoretical Best
Warehouse
$12.83M
$11.23M – $14.97M
NOI $898,040 @ 7.0% cap · market cap 61.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
164
Businesses Nearby
46k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 33%
Dining 28%
Shops & Services 19%
Beauty & Spa 14%
Tractor Supply Co.
Home Improvements & Furnishings
14,982 visits/mo
0.4 miles
Starbucks
Dining
12,852 visits/mo
0.4 miles
Wells Fargo
Shops & Services
6,637 visits/mo
0.5 miles
Hand & Stone Massage and Facial Spa
Beauty & Spa
4,132 visits/mo
0.5 miles
Supercuts
Beauty & Spa
2,401 visits/mo
0.4 miles
Demographics for 08505, NJ
18,178
Population
7,792
Households
2.3
Avg Household Size
43
Median Age
43%
College-Educated
96%
High-School Grad
22.5 sq mi
ZIP Area
808
Density / Sq Mi
$111,946
Median Household Income
$65,422
Median Earnings
$1,586
Median Rent
$353,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Shopping center - The center combines occupied retail and food-service spaces with one vacant storefront.
Where is this shopping center located?
The property is located at 303 ROUTE 130 Bordentown, NJ.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 6,134 square feet across three storefronts; Convenience store and restaurant occupy two storefronts; one space is vacant; Private parking lot with 20+/- spaces
