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Retail Pad Sites with Xfinity Tenant
For Sale
$2,500,000

3841 ROUTE 42, Turnersville, NJ 08012

Two pad sites include one leased by Xfinity and one vacant pad, with approximately 380 feet of frontage and pylon signage.

Property Size10,000 SF
Price / SF$250
Days on Market95

Property Features for 3841 ROUTE 42

General Information

Standard status Active
Size 10,000 SF
Property subtype Commercial

Site & Location

Traffic Count 50,000 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Year Built 2000
Listing Agency: Keller Williams Real Estate-Doylestown
Listed By: Eric Green · License #1860674
Source: Cummingsrealtors
Added: Jul 15 Changed: Oct 16 Last Checked: Oct 16 at 9:46AM

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 Keller Williams Real Estate-Doylestown

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Investment Insights

Based on property information with market context.

3841 Route 42 presents two retail pad sites, built in 2000, offering one occupied pad and one vacant pad for development or owner occupancy. The occupied pad is leased by Xfinity, providing a stable single-tenant component within the offering. The property also features approximately 380 feet of frontage and pylon signage to support retail visibility.

Situated along a dominant retail corridor in Turnersville, the site is positioned at a signalized intersection with established regional retail draw. The property’s visibility and access on the corridor are intended to serve retailers, restaurants, medical users, and service providers seeking a high-exposure location. The offering is available for lease at $22 per square foot; contact the listing agent for additional information.

Key Highlights

  • Built in 2000; includes two pad sites along Route 42 in Turnersville.
  • One pad is occupied by Xfinity, providing an operating tenant; second pad is vacant.
  • Approximately 380 ft of frontage with pylon signage.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$142,733
Cap Rate
5.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,854,660 $2.9M
Cap Rate 7%
$2,039,043 $2.0M
Cap Rate 9%
$1,585,922 $1.6M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$216.0K $21.60/SF
− Vacancy
−$12.1K −$1.21/SF
EGI
$203.9K $20.39/SF
− OpEx
−$61.2K −$6.12/SF
NOI
$142.7K $14.27/SF
Area
Bergen County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,854,660
Cap Rate 7%
$2,039,043
Cap Rate 9%
$1,585,922

Alternative Uses

Best Use
Retail
$2.04M
$1.78M – $2.38M (±1% cap)
NOI $142,733 @ 7.0% cap · market cap 5.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.61M
$2.28M – $3.05M (±1% cap)
NOI $182,784 @ 7.0% cap · market cap 7.31%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Building Supply Storage Facility HVAC Service Big Box & Wholesale Store Electrical Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

50,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

624
Businesses Nearby
72k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Apparel 77% Dining 20% Home Improvements & Furnishings 3%
Friendly's Ice Cream Dining
14,284 visits/mo 0.5 miles
Columbia Sportswear Apparel
10,865 visits/mo 0.4 miles
SKECHERS Factory Outlet Apparel
8,081 visits/mo 0.5 miles
Rally House Apparel
7,357 visits/mo 0.5 miles
Carter's & OshKosh B'gosh Apparel
6,644 visits/mo 0.5 miles

Demographics for 08012, NJ

38,581
Population
16,192
Households
2.4
Avg Household Size
40
Median Age
34%
College-Educated
95%
High-School Grad
15.0 sq mi
ZIP Area
2,572
Density / Sq Mi
$93,497
Median Household Income
$52,650
Median Earnings
$1,589
Median Rent
$268,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Storefront property - Two pad sites include one leased by Xfinity and one vacant pad, with approximately 380 feet of frontage and pylon signage.
Where is this storefront property located?
The property is located at 3841 ROUTE 42 Turnersville, NJ.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Built in 2000; includes two pad sites along Route 42 in Turnersville.; One pad is occupied by Xfinity, providing an operating tenant; second pad is vacant.; Approximately 380 ft of frontage with pylon signage.
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