Bellmawr Retail Space For
640 Creek Rd Bellmawr, NJ 08031
For Sale
Contact for pricing
Retail space in Bellmawr, NJ, spanning 13,005 SqFt.
Property Size13,005 SF
Price / SF$205.78
Days on Market1145
Property Features for 640 Creek Rd
General Information
Standard status
Active
Size
13,005 SF
Property subtype
Retail
Listing Agency:
Matthews
(239) 994-9643
Listed By:
Alexander Machado · License #SL3507121
Source:
Crexi
Added: Jun 12, 2023
Changed: Jul 6
Last Checked: Jul 29 at 3:31PM
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
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 For Retail
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 | $195.1k | $15.00 |
| − Vacancy | −$16.2k | −$1.25 |
| EGI | $178.9k | $13.76 |
| − OpEx | −$53.7k | −$4.13 |
| NOI | $125.2k | $9.63 |
13,005 SF · lease $15.00/SF/yr · vacancy 8.30% · expense 30.00%
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.
Property Analytics
Property Profile
Location Intelligence
Current Use
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
