Corner Conventional Restaurant
328 WHITE HORSE PIKE #A B.C., Clementon, NJ 08021
For Sale
Contact for pricing
Updated corner restaurant space in a shopping center with roadside exposure and bus-stop access.
Property Size3,000 SF
Price / SF$1.73
Days on Market59
Property Features for 328 WHITE HORSE PIKE #A B.C.
General Information
Standard status
Size
Property subtype
Additional Details
Seating Capacity
Building Details
Year Built
Listing Agency:
Century 21 Rauh & Johns
(856) 582-0366
Listed By:
Peter C Sideris · License #0560849
(856) 905-7458
Source:
Cummingsrealtors
Added: Sep 10
Changed: Nov 6
Last Checked: Nov 6 at 9:00AM
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 Century 21 Rauh & Johns
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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 3,000-square-foot former restaurant occupies a corner unit within a shopping center and offers a layout that can accommodate approximately 120 guests. Recent improvements include fresh paint and newer laminate flooring. The kitchen includes some equipment, which conveys as-is, allowing the next operator to supplement the space for its intended concept.
The property fronts White Horse Pike and is positioned at a bus stop, providing direct roadside exposure and transit access. Its existing restaurant configuration can support diner, pizza shop, or other restaurant use, subject to the applicable requirements.
The property fronts White Horse Pike and is positioned at a bus stop, providing direct roadside exposure and transit access. Its existing restaurant configuration can support diner, pizza shop, or other restaurant use, subject to the applicable requirements.
Key Highlights
- 3,000 SF former restaurant in a shopping center
- Corner unit on White Horse Pike with roadside exposure
- Located at a bus stop
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,868
Suggested Prices Based on Cap Rates
Cap Rate 5%
$757,360
$757.4K
Cap Rate 7%
$540,971
$541.0K
Cap Rate 9%
$420,756
$420.8K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$54.0K $18.00/SF
− Vacancy
−$3.5K −$1.17/SF
EGI
$50.5K $16.83/SF
− OpEx
−$12.6K −$4.21/SF
NOI
$37.9K $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%
$757,360
Cap Rate 7%
$540,971
Cap Rate 9%
$420,756
Alternative Uses
Best Use
Specialty Retail
$541.0K
$473.4K – $631.1K
NOI $37,868 @ 7.0% cap · market cap 728.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$760.7K
$665.6K – $887.5K
NOI $53,247 @ 7.0% cap · market cap 1,023.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
250
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08021, NJ
51,458
Population
22,195
Households
2.3
Avg Household Size
37
Median Age
25%
College-Educated
90%
High-School Grad
13.0 sq mi
ZIP Area
3,958
Density / Sq Mi
$67,439
Median Household Income
$42,864
Median Earnings
$1,288
Median Rent
$192,200
Median Home Value
Market
Average Price Trend$/SF for Conventional restaurants in Camden County, NJ
Properties on Market for Conventional restaurants in Camden County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Updated corner restaurant space in a shopping center with roadside exposure and bus-stop access.
Where is this conventional restaurant located?
The property is located at 328 WHITE HORSE PIKE #A B.C. Clementon, NJ.
What are key features of this property?
This property features: 3,000 SF former restaurant in a shopping center; Corner unit on White Horse Pike with roadside exposure; Located at a bus stop
