Building Details

Building Size 6,245 SF

Listing Agency: NAI Mertz - Corporate

Listed By: Joe Riggs Show Phone

Source: Naiglobal

Added: Nov 21, 2025 Changed: Oct 11 Last Checked: Oct 12 at 5:45PM

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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 NAI Mertz - Corporate

Investment Insights

Based on property information with market context.

Located within the Washington Professional Campus, this property offers full floor availability with up to 4,092 square feet. It features two office suites with upgraded interior fitouts, large conference areas, and two kitchenettes. This property presents an opportunity for either investors or owner-users. Showings are available by appointment only.

Key Highlights

• Full floor availability with up to 4,092 SF
• Two office suites available
• Upgraded interior fitout

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$87,633

Cap Rate

7.01%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,752,660 $1.8M

Cap Rate 7%

$1,251,900 $1.3M

Cap Rate 9%

$973,700 $973.7K

Market Conditions

NOI Build-Up for 6,245 SF

Gross rent

$137.1K $21.96/SF

− Vacancy

−$20.3K −$3.25/SF

EGI

$116.8K $18.71/SF

− OpEx

−$29.2K −$4.68/SF

NOI

$87.6K $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%

$1,752,660

Cap Rate 7%

$1,251,900

Cap Rate 9%

$973,700

Alternative Uses

Best Use

Office B

$1.25M

$1.10M – $1.46M (±1% cap)

NOI $87,633 @ 7.0% cap · market cap 7.01%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.58M

$1.39M – $1.85M (±1% cap)

NOI $110,842 @ 7.0% cap · market cap 8.87%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Summerville Counseling Services Crisis Center Sampoli Louis Law Firm

Suggested Use

Top Pick Big Box & Wholesale Store Pharmacy Parking Lot & Garage Storage Facility Restaurant Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

618

Businesses Nearby

Explore this area Business Placement

Demographics for 08012, NJ

38,581

Population

16,192

Households

2.4

Avg Household Size

40

Median Age

34%

College-Educated

95%

High-School Grad

15.0 sq mi

ZIP Area

2,572

Density / Sq Mi

$93,497

Median Household Income

$52,650

Median Earnings

$1,589

Median Rent

$268,500

Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office units located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Office units - Full floor availability with upgraded interior fitout and conference areas.

Where is this office units located?

The property is located at 900 Route 168 N Blenheim, NJ.

What is the asking price?

The asking price for this property is $1,250,000.

What are key features of this property?

This property features: Full floor availability with up to 4,092 SF; Two office suites available; Upgraded interior fitout