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    Freestanding Retail Property Available Title is generated by Realmo AI

    7027 Route 38, Pennsauken, NJ 08109

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    8,000 SF freestanding retail property available for sale.

    Type:RETAIL
    Property size:
    8,000 SF
    Lot size:
    2.26 Acres
    Price / SF:
    $187/SF
    Added:
    May 21, 2025
    Days on Market:
    390
    Last Refresh:
    May 19 at 9:58 pm

    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

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    Listing Contact
    Anthony Nataline
    Anthony Nataline

    Listing agent Anthony Nataline License #0789114

    Listing office Jeffery Realty

    Listing date May 21, 2025

    Source Moodyscre

    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

    HighLights

    • Freestanding Property
    • Available: 8,000 SF
    • For Lease, For Sale, Sale/Lease options available
    • Property Type: Freestanding
    • Property Status: For Lease
    • Property Status: For Sale

    Overview

    This freestanding retail property offers 8,000 square feet of space. The property is available for sale or lease.

    Local 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 (±1% cap)
    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 (±1% cap)
    NOI $141,991 @ 7.0% cap · market cap 9.47%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Penn Florist — 5451 NJ-38, Pennsauken Township, NJ 08109

    Location Insight

    • Map
    • Local Demand
    City
    Pennsauken
    County
    Camden
    State
    New Jersey
    Longitude
    -75.054
    Latitude
    39.9359

    FAQs

    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 Pennsauken, 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
    (908) 294-7417 Call to check price and availability
    More about this property
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