CC-Zoned Strip
For Sale
Contact for pricing
570 North Bridgeton Pike, Mantua, NJ 08051
Retail-oriented commercial property with CC zoning in Mantua Township.
Property Size9,802 SF
Price / SF$207
Days on Market20
Property Features for 570 North Bridgeton Pike
General Information
Standard status
Active
Size
9,802 SF
Total Parking Spaces
40
Property subtype
Retail
Zoning
CC
Occupancy
88%
Net Operating Income
$137,617
Building Details
Year Built
1970
Units
7
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Philadelphia
(215) 531-7026
Listed By:
Derrick Dougherty · License #PA RS305854
Source:
Crexi
Added: Aug 12
Changed: Aug 29
Last Checked: Aug 29 at 1:55PM
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 Marcus & Millichap - Philadelphia
Investment Insights
Based on property information with market context.
This strip mall is a retail-oriented commercial property at 570 North Bridgeton Pike in Mantua Township, New Jersey. The property carries CC zoning and was built in 1970.
The asset is positioned along North Bridgeton Pike and is identified within the Mantua Township market. Its established construction date and strip-mall format provide a defined commercial property profile for review.
The asset is positioned along North Bridgeton Pike and is identified within the Mantua Township market. Its established construction date and strip-mall format provide a defined commercial property profile for review.
Key Highlights
- Strip mall property at 570 North Bridgeton Pike, Mantua Township, NJ 08051
- CC zoning designation
- Built in 1970
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$110,955
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.44%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,219,100
$2.2M
Cap Rate 7%
$1,585,071
$1.6M
Cap Rate 9%
$1,232,833
$1.2M
Market Conditions
NOI Build-Up for 9,802 SF
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.
Gross rent
$167.0K $17.04/SF
− Vacancy
−$8.5K −$0.87/SF
EGI
$158.5K $16.17/SF
− OpEx
−$47.6K −$4.85/SF
NOI
$111.0K $11.32/SF
Area
Gloucester County, NJ
Vacancy
5.10%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,219,100
Cap Rate 7%
$1,585,071
Cap Rate 9%
$1,232,833
Alternative Uses
Best Use
Retail
$1.59M
$1.39M – $1.85M
NOI $110,955 @ 7.0% cap · market cap 5.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.29M
$2.88M – $3.84M
NOI $230,639 @ 7.0% cap · market cap 11.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
162
Businesses Nearby
22k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 98%
Home Improvements & Furnishings 2%
Wawa
Shops & Services
21,229 visits/mo
0.2 miles
Visiting Angels
Home Improvements & Furnishings
471 visits/mo
0.3 miles
Demographics for 08051, NJ
10,644
Population
4,602
Households
2.3
Avg Household Size
43
Median Age
36%
College-Educated
98%
High-School Grad
3.8 sq mi
ZIP Area
2,801
Density / Sq Mi
$97,452
Median Household Income
$57,900
Median Earnings
$1,691
Median Rent
$249,000
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Strip mall - Retail-oriented commercial property with CC zoning in Mantua Township.
Where is this strip mall located?
The property is located at 570 North Bridgeton Pike Mantua, NJ.
What is the asking price?
The asking price for this property is $2,038,775.
What are key features of this property?
This property features: Strip mall property at 570 North Bridgeton Pike, Mantua Township, NJ 08051; CC zoning designation; Built in 1970
