3470 S Delsea Drive Vineland, NJ 08360
Four retail units in a strip mall with recent roof and parking upgrades, plus a small house at the rear.
Property Features for 3470 S Delsea Drive
General Information
- Standard status
- Active
- Size
- 5,500 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1960
Listing office Weichert Realtors-Haddonfield (856) 716-3469
Listing date May 16, 2026
Source Xome
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Investment Insights
Based on property information with market context.
The property is located at 3470 S Delsea Drive in Vineland, NJ, positioned on the corner of S Delsea Drive and College Avenue, just moments away from the Cumberland County Mall.
For investors and owner-operators, the property is being marketed with 100% occupancy and four active retail tenancies. The listing also notes a small residential house at the back of the property that is ready for rejuvenation, with a stated rental potential of $1,200 per month through a year. Additional lease and expense details, including security deposits, rent escalations, and lease terms, are described as being documented for buyer review. Contact the listing agent for the comprehensive lease specifics and expense breakdowns.
Key Highlights
- 4‑unit retail strip mall with 5,500 sq ft of rental space and 100% occupancy
- Tenants include a salon, a vapor shop, and a water ice stand (within the four retail units)
- Corner lot on S Delsea Drive at College Avenue, just moments from Cumberland County Mall
Local Financial Insights For 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 | $99.0k | $18.00 |
| − Vacancy | −$4.2k | −$0.76 |
| EGI | $94.8k | $17.24 |
| − OpEx | −$28.5k | −$5.17 |
| NOI | $66.4k | $12.07 |
