Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail and Restaurant Space Available Title is generated by Realmo AI

    1490 Clements Bridge Rd, Woodbury, NJ 08096

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    13,070 SF retail/restaurant space for lease.

    Type:Retail, Restaurant
    Property size:
    17,870 SF
    Added:
    Nov 10, 2023
    Days on Market:
    938
    Last Refresh:
    May 12 at 8:02 pm

    Property Features for 1490 Clements Bridge Rd

    General Information

    Standard status
    Active
    Size
    17,870 SF
    Property subtype
    Retail, Restaurant

    Spaces For Lease

    at 1490 Clements Bridge Rd Contact us

    We can help!

    Listing Contact
    Pat Gallagher

    Listing agent Pat Gallagher License #PA 1756596

    Listing office Metro Commercial Real Estate, Inc.

    Listing date Nov 10, 2023

    Source Crexi

    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 Metro Commercial Real Estate, Inc.

    HighLights

    • 17,870 SF GLA
    • 13,070 SF Total Space Available
    • Additional Property Details available

    Overview

    This commercial real estate offers a total space available of 13,070 square feet. The gross leasable area (GLA) is 17,870 square feet. The property can be used for retail or restaurant purposes.
    Location Intelligence

    Current Use by Public Records

    Retail properties & Spaces

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Woodbury
    County
    Gloucester
    State
    New Jersey
    Longitude
    -75.1276
    Latitude
    39.8266

    Nearby Similar for Lease

    • $1,350/Mo
      1,000 SF

      Office Space on Black Horse Pike

      Second floor office unit available for lease in Woodbury.
      901 ROUTE 168, WOODBURY, NJ 08012
      View Details
    • $950/Mo
      18,900 SF

      Historic Building in Woodbury Business District

      Office and retail suites available in a historic three-story building.
      1-7 South Broad Street, Woodbury, NJ 08096
      View Details
    • $1,200/Mo
      900 SF

      Retail Space in Woodbury, NJ

      Retail space available for lease in Woodbury, New Jersey.
      303 S BROAD Street, WOODBURY, NJ 08096
      View Details
    • $3,000/Mo

      Retail Space For Rent

      Retail space available for lease in Woodbury, New Jersey.
      47 Cooper St #C, Woodbury, NJ 08096
      View Details
    • $15 SF/Yr

      Professional Office Space For Lease

      Professional office space available for lease.
      875 Kings Highway, Woodbury, NJ 08096
      View Details
    • $15 SF/Yr

      Professional Office Space For Lease

      Professional office space available for lease.
      877 Kings Highway, Woodbury, NJ 08096
      View Details
    • $3,250/Mo

      Professional Office Space Available

      Professional office space with multiple rooms, ready for occupancy.
      481 Morris St, Woodbury, NJ
      View Details
    • Contact for pricing
      11,200 SF

      Retail Building with Drive-Thru

      Freestanding retail building with drive-thru, join Walmart!
      860 Cooper St, Woodbury, NJ 08096
      View Details
    • Contact for pricing

      Premier Deptford Retail Space

      Retail space available for lease in Deptford.
      1245 Hurffville Road, Woodbury, NJ 08096
      View Details
    • Contact for pricing
      1,100 SF

      Office Space on Mantua Pike

      1,100 SF office space available on a major roadway.
      1007 Mantua Pike, Woodbury, NJ
      View Details
    • Contact for pricing
      11,677 SF

      Retail Space Near Deptford Mall

      Retail property for rent near major shopping and transportation.
      1500 Almonesson Rd, Woodbury, NJ
      View Details
    • Contact for pricing
      800 SF

      Retail Space in Busy Plaza

      Retail space for lease in a busy Deptford plaza.
      1004 Cooper Street, Woodbury, NJ
      View Details

    FAQs

    What type of property is this?
    Retail property - 13,070 SF retail/restaurant space for lease.
    Where is this retail property located?
    The property is located at 1490 Clements Bridge Rd Woodbury, NJ.
    What are key features of this property?
    This property features: 17,870 SF GLA; 13,070 SF Total Space Available; Additional Property Details available
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Pat Gallagher
    Real Estate License ID: PA 1756596
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1490 Clements Bridge Rd, Woodbury, NJ 08096
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!