Flexible Commercial
New
For Sale
Contact for pricing
6967 S CRESCENT BOULEVARD, Pennsauken, NJ 08110
The landlord will clear existing items before occupancy, with the township to confirm the proposed use.
Property Size2,100 SF
Price / SF$1.43
Days on Market5
Property Features for 6967 S CRESCENT BOULEVARD
General Information
Standard status
Active
Size
2,100 SF
Property subtype
Commercial
Additional Details
Property Use
Flex Space
Building Details
Year Built
1983
Listing Agency:
RE/MAX Preferred - Cherry Hill
(856) 616-2626
Listed By:
Chris Poleto · License #1972298
(609) 332-3411
Source:
Cummingsrealtors
Added: Oct 26
Changed: Oct 29
Last Checked: Oct 28 at 4:30AM
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 RE/MAX Preferred - Cherry Hill
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Investment Insights
Based on property information with market context.
This 2,100-square-foot flex space was built in 1983 and is offered for sale. The landlord plans to remove the items currently in the space before occupancy, leaving room for a new business setup.
The property is on Route 130 in Pennsauken, next to McDonald's. The township must confirm the intended use. Auto repair is not preferred.
The property is on Route 130 in Pennsauken, next to McDonald's. The township must confirm the intended use. Auto repair is not preferred.
Key Highlights
- 2,100 square feet of flex space
- Built in 1983
- Route 130 frontage in Pennsauken, next to McDonald's
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,830
Suggested Prices Based on Cap Rates
Cap Rate 5%
$376,600
$376.6K
Cap Rate 7%
$269,000
$269.0K
Cap Rate 9%
$209,222
$209.2K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$30.2K $14.40/SF
− Vacancy
−$1.3K −$0.60/SF
EGI
$29.0K $13.80/SF
− OpEx
−$10.1K −$4.83/SF
NOI
$18.8K $8.97/SF
Area
Camden County, NJ
Vacancy
4.20%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$376,600
Cap Rate 7%
$269,000
Cap Rate 9%
$209,222
Alternative Uses
Best Use
Industrial
$292.3K
$255.8K – $341.0K
NOI $20,462 @ 7.0% cap · market cap 682.07%
Second Best
Flex RnD
$269.0K
$235.4K – $313.8K
NOI $18,830 @ 7.0% cap · market cap 627.67%
Theoretical Best
Office A
$532.5K
$465.9K – $621.2K
NOI $37,273 @ 7.0% cap · market cap 1,242.43%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
795
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08110, NJ
19,599
Population
6,738
Households
2.9
Avg Household Size
37
Median Age
20%
College-Educated
77%
High-School Grad
6.5 sq mi
ZIP Area
3,015
Density / Sq Mi
$81,307
Median Household Income
$40,804
Median Earnings
$1,192
Median Rent
$194,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Catering Made 4 U — 4610 Woodland Ave, Pennsauken Township, NJ 08110
Frequently Asked Questions
What type of property is this?
Flex space - The landlord will clear existing items before occupancy, with the township to confirm the proposed use.
Where is this flex space located?
The property is located at 6967 S CRESCENT BOULEVARD Pennsauken, NJ.
What are key features of this property?
This property features: 2,100 square feet of flex space; Built in 1983; Route 130 frontage in Pennsauken, next to McDonald's
