Multi-Tenant Retail with Liquor
For Sale
$5,375,000
811 W Route 130 N, Burlington, NJ 08016
Anchored by an in-place liquor store with value-add upside across the remaining retail space.
Property Size25,960 SF
Lot Size3.40 Acres
Price / SF$207.05
Days on Market92
Property Features for 811 W Route 130 N
General Information
Standard status
Active
Size
25,960 SF
Lot size
3.40 Acres
Property subtype
Retail
Occupancy
32%
Additional Details
Highway Access
Yes
Building Details
Building Size
25,960 SF
Tenancy
Multi
Listing Agency:
Vantage Commercial
(215) 514-1750
Listed By:
Leor Hemo · License #NJ #0681182
(215) 514-1750
Source:
Tcnworldwide
Added: Jun 2
Changed: Aug 8
Last Checked: Sep 1 at 5:36PM
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 retail property offers a value-add configuration with approximately 25,960 square feet of space on roughly 3.4 acres along a high-traffic corridor. Approximately 8,327 square feet is currently occupied by a liquor store, generating immediate income. The balance of the building provides additional opportunity for lease-up or repositioning to enhance overall performance.
The property is located at 811 W. Route 130 N. in Burlington County, providing a commercial presence on a corridor known for steady visibility and drive-by exposure. The site’s size and retail-focused layout support a variety of merchandising uses, with the current tenancy also helping establish an active retail environment.
For investors, the in-place liquor store offers a stable starting point while the remaining space creates room to improve occupancy and returns through targeted leasing or repositioning. For retailers and operators, the asset’s existing income stream and large available portion may offer a practical path to join a functioning retail mix, rather than starting from scratch.
The property is located at 811 W. Route 130 N. in Burlington County, providing a commercial presence on a corridor known for steady visibility and drive-by exposure. The site’s size and retail-focused layout support a variety of merchandising uses, with the current tenancy also helping establish an active retail environment.
For investors, the in-place liquor store offers a stable starting point while the remaining space creates room to improve occupancy and returns through targeted leasing or repositioning. For retailers and operators, the asset’s existing income stream and large available portion may offer a practical path to join a functioning retail mix, rather than starting from scratch.
Key Highlights
- +/- 25,960 SF retail property on +/- 3.4 acres at 811 W. Route 130 N. in Burlington County
- +/- 8,327 SF is currently occupied by a liquor store, providing immediate rental income
- Remaining retail space offers upside through lease‑up or repositioning
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
$388,206
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
7.22%
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%
$7,764,120
$7.8M
Cap Rate 7%
$5,545,800
$5.5M
Cap Rate 9%
$4,313,400
$4.3M
Market Conditions
NOI Build-Up for 25,960 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
$582.5K $22.44/SF
− Vacancy
−$28.0K −$1.08/SF
EGI
$554.6K $21.36/SF
− OpEx
−$166.4K −$6.41/SF
NOI
$388.2K $14.95/SF
Area
Burlington County, NJ
Vacancy
4.80%
Lease Rate
$22.44 /SF/Yr
Expense Ratio
30.00%
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%
$7,764,120
Cap Rate 7%
$5,545,800
Cap Rate 9%
$4,313,400
Alternative Uses
Best Use
Retail
$5.55M
$4.85M – $6.47M
NOI $388,206 @ 7.0% cap · market cap 7.22%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$54.29M
$47.51M – $63.34M
NOI $3,800,639 @ 7.0% cap · market cap 70.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
32%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
477
Businesses Nearby
29k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Dining 42%
Dunkin' Donuts
Dining
10,381 visits/mo
0.2 miles
Phillips 66
Shops & Services
8,682 visits/mo
0.2 miles
Sunoco
Shops & Services
7,670 visits/mo
0.4 miles
PrimoHoagies
Dining
1,578 visits/mo
0.2 miles
Exxon
Shops & Services
401 visits/mo
0.1 miles
Demographics for 08016, NJ
34,617
Population
13,842
Households
2.5
Avg Household Size
41
Median Age
34%
College-Educated
92%
High-School Grad
21.6 sq mi
ZIP Area
1,603
Density / Sq Mi
$92,560
Median Household Income
$49,919
Median Earnings
$1,343
Median Rent
$308,000
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - Anchored by an in-place liquor store with value-add upside across the remaining retail space.
Where is this storefront property located?
The property is located at 811 W Route 130 N Burlington, NJ.
What is the asking price?
The asking price for this property is $5,375,000.
What are key features of this property?
This property features: +/- 25,960 SF retail property on +/- 3.4 acres at 811 W. Route 130 N. in Burlington County; +/- 8,327 SF is currently occupied by a liquor store, providing immediate rental income; Remaining retail space offers upside through lease‑up or repositioning
