7-Unit Retail Shopping
782-798 Emerson Street, Lindenwold, NJ 08021
For Sale
$3,000,000
Fully occupied retail property with a varied lineup of neighborhood businesses and restaurants.
Property Size13,000 SF
Lot Size1.00 Acre
Price / SF$230.77
Days on Market21
Property Features for 782-798 Emerson Street
General Information
Standard status
Size
Lot size
Zoning
Occupancy
Additional Details
Cap Rate
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
Natural Gas
Yes
Public
402.00 x 108.00
1.00
No
Assessor
Parking Lot
47
13000.00
178600.00
Building Details
Building Size
Year Built
Buildings
Tenancy
Listing Agency:
Realty Mark Advantage
(856) 457-4900
Listed By:
Jukab Seo · License #564074
(856) 912-2777
Source:
Farleyandferry
Added: Oct 19
Changed: Nov 7
Last Checked: Nov 7 at 4:41PM
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 Realty Mark Advantage
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Investment Insights
Based on property information with market context.
This 13,000-square-foot shopping center contains seven retail units and was built in 1966. The property is fully leased, with tenants that include a laundromat, tobacco shop, convenience store, Chinese restaurant, deli, Spanish grocery store and Mexican restaurant. Zoning is COM, and the site covers approximately 1 acre.
The center is in Lindenwold, New Jersey, within a residential area. Another shopping center of similar size sits across the street. The property reports an approximately 7% capitalization rate; pricing and income figures are not included here.
The center is in Lindenwold, New Jersey, within a residential area. Another shopping center of similar size sits across the street. The property reports an approximately 7% capitalization rate; pricing and income figures are not included here.
Key Highlights
- Seven retail units totaling 13,000 SF
- Fully leased tenant lineup includes retail, grocery, laundry and restaurant businesses
- Approximately 1 acre in Lindenwold, NJ
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$125,170
Cap Rate
4.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,503,400
$2.5M
Cap Rate 7%
$1,788,143
$1.8M
Cap Rate 9%
$1,390,778
$1.4M
Market Conditions
NOI Build-Up for 13,000 SF
Gross rent
$195.0K $15.00/SF
− Vacancy
−$16.2K −$1.25/SF
EGI
$178.8K $13.76/SF
− OpEx
−$53.6K −$4.13/SF
NOI
$125.2K $9.63/SF
Area
Camden County, NJ
Vacancy
8.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,503,400
Cap Rate 7%
$1,788,143
Cap Rate 9%
$1,390,778
Alternative Uses
Best Use
Retail
$1.79M
$1.56M – $2.09M
NOI $125,170 @ 7.0% cap · market cap 4.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.30M
$2.88M – $3.85M
NOI $230,735 @ 7.0% cap · market cap 7.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
250
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08021, NJ
51,458
Population
22,195
Households
2.3
Avg Household Size
37
Median Age
25%
College-Educated
90%
High-School Grad
13.0 sq mi
ZIP Area
3,958
Density / Sq Mi
$67,439
Median Household Income
$42,864
Median Earnings
$1,288
Median Rent
$192,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Shopping center - Fully occupied retail property with a varied lineup of neighborhood businesses and restaurants.
Where is this shopping center located?
The property is located at 782-798 Emerson Street Lindenwold, NJ.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Seven retail units totaling 13,000 SF; Fully leased tenant lineup includes retail, grocery, laundry and restaurant businesses; Approximately 1 acre in Lindenwold, NJ
