Freestanding Retail Property
7027 Route 38 Camden, NJ 08109
For Sale
Contact for pricing
8,000 SF freestanding retail property available for sale.
Property Size8,000 SF
Lot Size2.26 Acres
Price / SF$187.50
Days on Market435
Property Features for 7027 Route 38
General Information
Standard status
Active
Size
8,000 SF
Lot size
2.26 Acres
Property subtype
RETAIL
Properties For Sale
at 7027 Route 38 Contact us
Listing Agency:
Jeffery Realty
(908) 294-7417
Listed By:
Anthony Nataline · License #0789114
(908) 294-7417
Source:
Moodyscre
Added: May 21, 2025
Changed: Jul 10
Last Checked: Jul 21 at 6:18AM
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 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 | $120.0k | $15.00 |
| − Vacancy | −$10.0k | −$1.25 |
| EGI | $110.0k | $13.76 |
| − OpEx | −$33.0k | −$4.13 |
| NOI | $77.0k | $9.63 |
8,000 SF · lease $15.00/SF/yr · vacancy 8.30% · expense 30.00%
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
Property Profile
Location Intelligence
Current Use
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
