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Gated Flex Property with Drive-In

706 N White Horse Pike Magnolia, NJ 08049

706 N White Horse Pike, Magnolia, NJ, 08049
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For Sale
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Gated flex building with retail, warehouse, and office space plus overhead drive-in and two loading docks.

Property Size40,000 SF
Price / SF$112
Days on Market159

Property Features for 706 N White Horse Pike

General Information

Standard status
Active
Size
40,000 SF
Property subtype
INDUSTRIAL
Listing agency Vantage Commercial
Listed by Ken Richardson · License #NJ 1865294
Source Moodyscre
Added: Feb 13 Updated: Jul 22 at 12:58AM Checked: Jul 22 at 3:55AM

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 Vantage Commercial


Investment Insights

Based on property information with market context.

This 40,000-square-foot flex property offers a mix of retail, warehouse, and office space, supported by a flexible floor plan designed to accommodate a variety of business needs. The site is gated and includes two loading docks and overhead drive-in access, supporting efficient loading, staging, and daily operations. The property also comes with owned solar power panels for power efficiency.

Located on North White Horse Pike, the property benefits from high-visibility along a strong-traffic corridor, with excellent frontage for signage and branding. The asset is within Magnolia’s commercial zoning, which is described as allowing broad business flexibility, supporting long-term value for owner-users or investors.

Overall, the combination of functional loading access, adaptable interior layout, and on-site power enhancements makes this property well-suited for users seeking a versatile setup within a visible retail/industrial corridor.

Key Highlights

  • 40,000 SF flex property with retail, warehouse, and office space for a variety of commercial uses
  • Gated facility with 2 loading docks and overhead drive‑in access
  • Owned solar power panels included for power usage

Local Financial Insights For Industrial

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 $600.0k $15.00
− Vacancy −$43.2k −$1.08
EGI $556.8k $13.92
− OpEx −$167.0k −$4.18
NOI $389.8k $9.74
40,000 SF · lease $15.00/SF/yr · vacancy 7.20% · expense 30.00%

Alternative Uses

Best Use
Warehouse
$6.95M
$6.08M – $8.11M (±1% cap)
NOI $486,377 @ 7.0% cap · market cap 10.86%
Second Best
Industrial
$5.57M
$4.87M – $6.50M (±1% cap)
NOI $389,760 @ 7.0% cap · market cap 8.70%
Theoretical Best
Office A
$10.14M
$8.87M – $11.83M (±1% cap)
NOI $709,955 @ 7.0% cap · market cap 15.85%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Stevens International Big Box & Wholesale Store AAA Hobbies and Crafts (Bike/Boat/Book/etc) Store

Suggested Use

Real Estate Agency Law Firm Dental Office Daycare Center Skin Care Clinic Spa & Massage Center (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring Store Hair Salon

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

Similar Off Market Nearby

  • Mirabella Catering — 308 Evesham Ave W, Magnolia, NJ 08049

FAQs

What type of property is this?
Flex space - Gated flex building with retail, warehouse, and office space plus overhead drive-in and two loading docks.
Where is this flex space located?
The property is located at 706 N White Horse Pike Magnolia, NJ.
What is the asking price?
The asking price for this property is $4,480,000.
What are key features of this property?
This property features: 40,000 SF flex property with retail, warehouse, and office space for a variety of commercial uses; Gated facility with 2 loading docks and overhead drive‑in access; Owned solar power panels included for power usage
Contact an agent
(856) 797-1919 Call to check price and availability
More about this property
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