Professionally Maintained Office
For Sale
$1,000,000
715 Main Street, Moorestown, NJ 08057
Office building with ample on-site parking, including ADA-compliant spaces, and major building systems upgraded for long-term value.
Property Size5,427 SF
Price / SF$184.26
Days on Market97
Property Features for 715 Main Street
General Information
Standard status
Active
Size
5,427 SF
Total Parking Spaces
15
Property subtype
Office
Taxes and HOA fees
Annual Taxes
$12,171
Amenities
Central Air
3
SRC
Parking.
Lot.
Building Details
Year Built
1924
Listing Agency:
Compass New Jersey, LLC
(856) 979-8615
Listed By:
Moorestown · License #0336501
(856) 979-8615
Source:
Xome
Added: May 23
Changed: Aug 25
Last Checked: Aug 26 at 5:48AM
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 Compass New Jersey, LLC
Investment Insights
Based on property information with market context.
715 E Main Street is a professionally maintained office building with flexible office configurations and ample on-site parking. The parking lot was repaved in 2025 and includes a dedicated ADA-compliant parking space, supporting convenient client and employee access.
The property is positioned along East Main Street (County Route 537) in Moorestown, New Jersey, and is located adjacent to Lockheed Martin’s Moorestown campus. It is also within minutes of Virtua Health & Wellness Center, Centerton Square, Route 38, and Interstate 295, with NJ Transit bus service providing connectivity to Philadelphia and destinations throughout South Jersey.
Recent upgrades include a new roof and HVAC systems installed in 2017, helping reduce near-term capital expenditure considerations for future ownership.
The property is positioned along East Main Street (County Route 537) in Moorestown, New Jersey, and is located adjacent to Lockheed Martin’s Moorestown campus. It is also within minutes of Virtua Health & Wellness Center, Centerton Square, Route 38, and Interstate 295, with NJ Transit bus service providing connectivity to Philadelphia and destinations throughout South Jersey.
Recent upgrades include a new roof and HVAC systems installed in 2017, helping reduce near-term capital expenditure considerations for future ownership.
Key Highlights
- Professionally maintained office building at 715 E Main Street along East Main Street (County Route 537) in Moorestown, NJ
- Recently repaved parking lot (2025) for approx. 15 vehicles, including a dedicated ADA‑compliant parking space
- New roof plus HVAC systems installed in 2017
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$75,423
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.54%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,508,460
$1.5M
Cap Rate 7%
$1,077,471
$1.1M
Cap Rate 9%
$838,033
$838.0K
Market Conditions
NOI Build-Up for 5,427 SF
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.
Gross rent
$135.5K $24.96/SF
− Vacancy
−$9.8K −$1.80/SF
EGI
$125.7K $23.16/SF
− OpEx
−$50.3K −$9.27/SF
NOI
$75.4K $13.90/SF
Area
Burlington County, NJ
Vacancy
7.20%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,508,460
Cap Rate 7%
$1,077,471
Cap Rate 9%
$838,033
Alternative Uses
Best Use
Healthcare Medical
$1.08M
$942.8K – $1.26M
NOI $75,423 @ 7.0% cap · market cap 7.54%
Second Best
Office B
$695.5K
$608.6K – $811.5K
NOI $48,687 @ 7.0% cap · market cap 4.87%
Theoretical Best
Warehouse
$11.35M
$9.93M – $13.24M
NOI $794,533 @ 7.0% cap · market cap 79.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
985
Businesses Nearby
Explore this area
Business Placement
Demographics for 08057, NJ
21,691
Population
8,382
Households
2.6
Avg Household Size
44
Median Age
67%
College-Educated
96%
High-School Grad
15.3 sq mi
ZIP Area
1,418
Density / Sq Mi
$152,290
Median Household Income
$72,500
Median Earnings
$1,485
Median Rent
$626,400
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office building with ample on-site parking, including ADA-compliant spaces, and major building systems upgraded for long-term value.
Where is this office building located?
The property is located at 715 Main Street Moorestown, NJ.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Professionally maintained office building at 715 E Main Street along East Main Street (County Route 537) in Moorestown, NJ; Recently repaved parking lot (2025) for approx. 15 vehicles, including a dedicated ADA‑compliant parking space; New roof plus HVAC systems installed in 2017
