387 Main Street West Creek, NJ 08092
Retail or office building on 0.66 acres, Route 9.
Property Features for 387 Main Street
General Information
- Standard status
- Active
- Size
- 2,605 SF
- Lot size
- 0.66 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1920
Listing office C21/ ACTION PLUS REALTY (800) 299-2129
Listing date Sep 6, 2025
Source Corcoran
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 C21/ ACTION PLUS REALTY
Investment Insights
Based on property information with market context.
Key Highlights
- High‑visibility location directly on Route 9.
- Versatile property suitable for office, retail, or restaurant use.
- Includes an 850 sq. ft. building plus a shed with electric.
Local Financial Insights For Office B
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 | $78.2k | $30.00 |
| − Vacancy | −$25.0k | −$9.60 |
| EGI | $53.1k | $20.40 |
| − OpEx | −$13.3k | −$5.10 |
| NOI | $39.9k | $15.30 |
