416 W Delilah Rd Pleasantville, NJ 08232
Retail space built in 2019, leased until 4/28.
Property Features for 416 W Delilah Rd
General Information
- Standard status
- Active
- Size
- 9,200 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2019
Listing office Bonanni Realtors
Listing date May 18, 2024
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Bonanni Realtors
Investment Insights
Based on property information with market context.
Key Highlights
- High Annual Income: Generates $129,400 annually from a lease.
- Strong Cap Rate: Offers a desirable 7% capitalization rate.
- Tenant Pays Taxes: Benefit from a lease structure where the tenant handles property taxes.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $138.0k | $15.00 |
| − Vacancy | −$11.7k | −$1.28 |
| EGI | $126.3k | $13.73 |
| − OpEx | −$37.9k | −$4.12 |
| NOI | $88.4k | $9.61 |
