Pennsauken Retail Opportunity For
For Sale
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5714 Westfield Ave, Pennsauken, NJ
Vacant retail property with drive-thru in Pennsauken, New Jersey.
Property Size3,058 SF
Lot Size0.32 Acres
Price / SF$158.60
Days on Market270
Property Features for 5714 Westfield Ave
General Information
Standard status
Active
Size
3,058 SF
Lot size
0.32 Acres
Property subtype
RETAIL
Listing Agency:
Newmark | Rutherford
(201) 460-5156
Listed By:
Dean Tselepis
Source:
Moodyscre
Added: Nov 25, 2025
Changed: Aug 9
Last Checked: Aug 21 at 2:44PM
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 Newmark | Rutherford
Investment Insights
Based on property information with market context.
The property at 5714 Westfield Avenue in Pennsauken, New Jersey, is available for sale. This property offers high visibility from both northbound and southbound traffic. Delivered vacant, the property is suitable for various users and features an existing drive-thru. It is situated on a corner lot within a Professional Office District Zone. The property has a size of 3,058 square feet and is suitable for drive-through restaurants, restaurants, retail properties, storefront properties and individual retail properties.
Key Highlights
- Highly visible location from both northbound and southbound traffic
- Delivered vacant and suitable for various users
- Existing drive‑thru
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
$38,600
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
7.96%
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%
$772,000
$772.0K
Cap Rate 7%
$551,429
$551.4K
Cap Rate 9%
$428,889
$428.9K
Market Conditions
NOI Build-Up for 3,058 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
$55.0K $18.00/SF
− Vacancy
−$3.6K −$1.17/SF
EGI
$51.5K $16.83/SF
− OpEx
−$12.9K −$4.21/SF
NOI
$38.6K $12.62/SF
Area
Camden County, NJ
Vacancy
6.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
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%
$772,000
Cap Rate 7%
$551,429
Cap Rate 9%
$428,889
Alternative Uses
Best Use
Specialty Retail
$551.4K
$482.5K – $643.3K
NOI $38,600 @ 7.0% cap · market cap 7.96%
Second Best
Retail
$420.6K
$368.1K – $490.7K
NOI $29,444 @ 7.0% cap · market cap 6.07%
Theoretical Best
Office A
$775.4K
$678.5K – $904.6K
NOI $54,276 @ 7.0% cap · market cap 11.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
623
Businesses Nearby
59k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 44%
Groceries 27%
Dining 23%
Electronics 6%
Associated Supermarkets
Groceries
16,028 visits/mo
0.3 miles
Dunkin' Donuts
Dining
12,580 visits/mo
0.4 miles
Family Dollar
Shops & Services
10,020 visits/mo
0.4 miles
7-Eleven
Shops & Services
6,433 visits/mo
0.2 miles
PNC Bank
Shops & Services
4,768 visits/mo
0.2 miles
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Vacant retail property with drive-thru in Pennsauken, New Jersey.
Where is this drive through restaurant located?
The property is located at 5714 Westfield Ave Pennsauken, NJ.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Highly visible location from both northbound and southbound traffic; Delivered vacant and suitable for various users; Existing drive‑thru
