Storefront Space in Shopping
For Sale
Contact for pricing
328 WHITE HORSE PIKE #E, Clementon, NJ 08021
Former salon space offers roadside visibility and sits at a bus stop within an active shopping center.
Property Size1,200 SF
Price / SF$1.58
Days on Market50
Property Features for 328 WHITE HORSE PIKE #E
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Commercial
Building Details
Year Built
1974
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: Oct 29
Last Checked: Oct 28 at 8:09AM
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 1,200-square-foot storefront was built in 1974 and previously operated as a hair and nail salon. The space is located within a shopping center that includes other businesses, with frontage along White Horse Pike and a bus stop at the property. Its prior salon use provides a foundation for a returning hair or nail salon, while the space may also accommodate professional or general retail use. Any new operator will need to install equipment and seating required for its business. The property is available for daily showings from 9:00 a.m. to 5:00 p.m.
Key Highlights
- 1,200‑square‑foot storefront space
- Former hair and nail salon use
- Located in a shopping center with other businesses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,554
Suggested Prices Based on Cap Rates
Cap Rate 5%
$231,080
$231.1K
Cap Rate 7%
$165,057
$165.1K
Cap Rate 9%
$128,378
$128.4K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$18.0K $15.00/SF
− Vacancy
−$1.5K −$1.25/SF
EGI
$16.5K $13.76/SF
− OpEx
−$5.0K −$4.13/SF
NOI
$11.6K $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%
$231,080
Cap Rate 7%
$165,057
Cap Rate 9%
$128,378
Alternative Uses
Best Use
Retail
$165.1K
$144.4K – $192.6K
NOI $11,554 @ 7.0% cap · market cap 608.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$304.3K
$266.2K – $355.0K
NOI $21,299 @ 7.0% cap · market cap 1,121.00%
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
231
Businesses Nearby
377
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
La Rancherita
Dining
377 visits/mo
0.1 miles
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
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Storefront property - Former salon space offers roadside visibility and sits at a bus stop within an active shopping center.
Where is this storefront property located?
The property is located at 328 WHITE HORSE PIKE #E Clementon, NJ.
What are key features of this property?
This property features: 1,200‑square‑foot storefront space; Former hair and nail salon use; Located in a shopping center with other businesses
