Two-Unit Office
For Sale
$425,000
750 ROUTE 73 S Unit 107 & 108, Marlton, NJ 08053
Reception, private rooms, and a break area support a range of office layouts.
Property Size2,051 SF
Days on Market34
Property Features for 750 ROUTE 73 S Unit 107 & 108
General Information
Standard status
Active
Size
2,051 SF
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$12,415
Building Details
Building Size
2,051 SF
Year Built
1980
Listing Agency:
BHHS Fox & Roach-Marlton
Listed By:
Christopher Benstead · License #8830917
(856) 810-5711
Source:
Patmckennarealtors
Added: Sep 3
Changed: Oct 4
Last Checked: Oct 5 at 9:35PM
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 BHHS Fox & Roach-Marlton
Investment Insights
Based on property information with market context.
This office condominium combines two units with a reception area, private exam or office rooms, and a breakroom. LTV tile flooring and neutral colors finish the interior. The property was built in 1980 and is part of a condo association.
Located in Willow Ridge Office Park in Marlton along Route 73, the space is served by a large parking lot.
Located in Willow Ridge Office Park in Marlton along Route 73, the space is served by a large parking lot.
Key Highlights
- Two office units, 107 and 108
- Reception area, private exam or office rooms, and breakroom
- LTV tiled flooring with neutral colors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,781
Cap Rate
6.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$575,620
$575.6K
Cap Rate 7%
$411,157
$411.2K
Cap Rate 9%
$319,789
$319.8K
Market Conditions
NOI Build-Up for 2,051 SF
Gross rent
$45.0K $21.96/SF
− Vacancy
−$6.7K −$3.25/SF
EGI
$38.4K $18.71/SF
− OpEx
−$9.6K −$4.68/SF
NOI
$28.8K $14.03/SF
Area
Camden County, NJ
Vacancy
14.80%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$575,620
Cap Rate 7%
$411,157
Cap Rate 9%
$319,789
Alternative Uses
Best Use
Office B
$411.2K
$359.8K – $479.7K
NOI $28,781 @ 7.0% cap · market cap 6.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$520.0K
$455.0K – $606.7K
NOI $36,403 @ 7.0% cap · market cap 8.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
82
Businesses Nearby
Explore this area
Business Placement
Demographics for 08053, NJ
46,826
Population
20,090
Households
2.3
Avg Household Size
43
Median Age
53%
College-Educated
98%
High-School Grad
29.2 sq mi
ZIP Area
1,604
Density / Sq Mi
$116,745
Median Household Income
$67,439
Median Earnings
$1,939
Median Rent
$368,100
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 units - Reception, private rooms, and a break area support a range of office layouts.
Where is this office units located?
The property is located at 750 ROUTE 73 S Unit 107 & 108 Marlton, NJ.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two office units, 107 and 108; Reception area, private exam or office rooms, and breakroom; LTV tiled flooring with neutral colors
