Bellmawr Retail Space For
For Sale
Contact for pricing
640 Creek Rd, Bellmawr, NJ 08031
Retail space in Bellmawr, NJ, spanning 13,005 SqFt.
Property Size13,005 SF
Price / SF$205.78
Days on Market1235
Property Features for 640 Creek Rd
General Information
Standard status
Active
Size
13,005 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$209,486
Building Details
Tenancy
Single
Listing Agency:
Matthews
Listed By:
Alexander Machado · License #SL3507121
(305) 905-3215
Source:
Crexi
Added: Jun 12, 2023
Changed: Oct 25
Last Checked: Oct 26 at 4:29PM
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 Matthews
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail space, located in Bellmawr, NJ, offers 13,005 square feet of space. The property is being offered for sale and has a capitalization rate of 7.83%.
Key Highlights
- 7.83% CAP Rate, a great investment opportunity
- Retail Property
- 13,005 SqFt of retail space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$125,219
Cap Rate
4.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,504,380
$2.5M
Cap Rate 7%
$1,788,843
$1.8M
Cap Rate 9%
$1,391,322
$1.4M
Market Conditions
NOI Build-Up for 13,005 SF
Gross rent
$195.1K $15.00/SF
− Vacancy
−$16.2K −$1.25/SF
EGI
$178.9K $13.76/SF
− OpEx
−$53.7K −$4.13/SF
NOI
$125.2K $9.63/SF
Area
Camden County, NJ
Vacancy
8.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,504,380
Cap Rate 7%
$1,788,843
Cap Rate 9%
$1,391,322
Alternative Uses
Best Use
Retail
$1.79M
$1.57M – $2.09M
NOI $125,219 @ 7.0% cap · market cap 4.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.30M
$2.89M – $3.85M
NOI $230,824 @ 7.0% cap · market cap 8.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
325
Businesses Nearby
55k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Wawa
Shops & Services
52,337 visits/mo
0.3 miles
Sunoco
Shops & Services
2,660 visits/mo
0.3 miles
Demographics for 08031, NJ
11,707
Population
5,118
Households
2.3
Avg Household Size
42
Median Age
23%
College-Educated
90%
High-School Grad
3.0 sq mi
ZIP Area
3,902
Density / Sq Mi
$74,812
Median Household Income
$46,043
Median Earnings
$1,141
Median Rent
$216,500
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
Frequently Asked Questions
What type of property is this?
Retail space - Retail space in Bellmawr, NJ, spanning 13,005 SqFt.
Where is this retail space located?
The property is located at 640 Creek Rd Bellmawr, NJ.
What is the asking price?
The asking price for this property is $2,676,118.
What are key features of this property?
This property features: 7.83% CAP Rate, a great investment opportunity; Retail Property; 13,005 SqFt of retail space
