Freestanding Retail Property
For Sale
Contact for pricing
7027 Route 38, Camden, NJ 08109
8,000 SF freestanding retail property available for sale.
Property Size8,000 SF
Lot Size2.26 Acres
Price / SF$187.50
Days on Market505
Property Features for 7027 Route 38
General Information
Standard status
Active
Size
8,000 SF
Lot size
2.26 Acres
Property subtype
RETAIL
Listing Agency:
Jeffery Realty
(908) 668-9600
Listed By:
Anthony Nataline · License #0789114
(908) 294-7417
Source:
Moodyscre
Added: May 21, 2025
Changed: Jul 10
Last Checked: Oct 5 at 8:34PM
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 Jeffery Realty
Investment Insights
Based on property information with market context.
This freestanding retail property offers 8,000 square feet of space. The property is available for sale or lease.
Key Highlights
- Freestanding Property
- Available: 8,000 SF
- For Lease, For Sale, Sale/Lease options available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,028
Cap Rate
5.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,540,560
$1.5M
Cap Rate 7%
$1,100,400
$1.1M
Cap Rate 9%
$855,867
$855.9K
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$120.0K $15.00/SF
− Vacancy
−$10.0K −$1.25/SF
EGI
$110.0K $13.76/SF
− OpEx
−$33.0K −$4.13/SF
NOI
$77.0K $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%
$1,540,560
Cap Rate 7%
$1,100,400
Cap Rate 9%
$855,867
Alternative Uses
Best Use
Retail
$1.10M
$962.9K – $1.28M
NOI $77,028 @ 7.0% cap · market cap 5.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.03M
$1.77M – $2.37M
NOI $141,991 @ 7.0% cap · market cap 9.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
559
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08109, NJ
23,306
Population
9,314
Households
2.5
Avg Household Size
41
Median Age
27%
College-Educated
86%
High-School Grad
4.8 sq mi
ZIP Area
4,855
Density / Sq Mi
$84,332
Median Household Income
$44,288
Median Earnings
$1,142
Median Rent
$227,200
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
Questions? Ask Rey
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Similar Off Market Nearby
- Penn Florist — 5451 NJ-38, Pennsauken Township, NJ 08109
Frequently Asked Questions
What type of property is this?
Storefront property - 8,000 SF freestanding retail property available for sale.
Where is this storefront property located?
The property is located at 7027 Route 38 Camden, NJ.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Freestanding Property; Available: **8,000 SF**; For Lease, For Sale, Sale/Lease options available
