3300 Route 9 S, Rio Grande, NJ
Redevelopment opportunity with existing tenant paying rent.
- Added:
- Oct 30, 2025
- Days on Market:
- 250
- Last Refresh:
- Jun 29 at 12:39 am
Property Features for 3300 Route 9 S
General Information
- Standard status
- Active
- Size
- 14,820 SF
- Lot size
- 1.66 Acres
- Property subtype
- RETAIL
Listing office Northmarq | New York (646) 845-8424
Listing date Oct 30, 2025
Source Moodyscre
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 Northmarq | New York
HighLights
- Walgreens will continue to pay rent.
- Opportunity to redevelop the site.
- Opportunity to re‑purpose the site.
- Additional Property Details available.
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $320.1k | $21.60 |
| − Vacancy | −$19.2k | −$1.30 |
| EGI | $300.9k | $20.30 |
| − OpEx | −$75.2k | −$5.08 |
| NOI | $225.7k | $15.23 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- ShopRite Pharmacy of Rio Grande — 1700 NJ-47 South, Rio Grande, NJ 08242
- Rio Grande Rescue Squad — 603 E Maryland Ave, Rio Grande, NJ 08242
- Lisa Mcmearty-Westog — 1700 NJ-47, Rio Grande, NJ 082421406
- Michael Fritz — 1700 NJ-47, Rio Grande, NJ 082421406
- Nspire Network Distributor - Best of Life — 4006 U.S. 9, Rio Grande,NJ 08242, 307 Sycamore Drive, Rio Grande, NJ 08242
Location Insight
- Map
- Local Demand
- City
- Rio Grande
- County
- Cape May
- State
- New Jersey
- Longitude
- -74.873776
- Latitude
- 39.016295
