Automotive Showroom With Additional
For Sale
$4,999,000
Pending
909 E Rte 130, Burlington, NJ 08016
Existing automotive dealership building with surrounding land along a major corridor.
Property Size21,000 SF
Lot Size8.00 Acres
Days on Market595
Property Features for 909 E Rte 130
General Information
Standard status
Pending
Size
21,000 SF
Lot size
8.00 Acres
Property subtype
Commercial
Additional Details
Land Use
retail
Building Details
Year Built
1980
Buildings
1
Listing Agency:
ERA Central Realty Group - Bordentown
(609) 298-4800
Listed By:
Ferahnaz Gulmez
Source:
Baltimoreharfordhomesforsale
Added: Jan 14, 2025
Changed: Aug 31
Last Checked: Aug 31 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 ERA Central Realty Group - Bordentown
Investment Insights
Based on property information with market context.
The property includes a 21,000-square-foot building currently occupied by a car dealership, together with surrounding land. Constructed in 1980, the facility is classified as a showroom property and offers a substantial existing commercial improvement.
Located at 909 E Rte 130 in Burlington, New Jersey, the site encompasses approximately 8 acres across lots 3, 3.02, and 3.05. Its position along a major corridor supports continued automotive retail use and provides a combination of building area and land within one property.
Located at 909 E Rte 130 in Burlington, New Jersey, the site encompasses approximately 8 acres across lots 3, 3.02, and 3.05. Its position along a major corridor supports continued automotive retail use and provides a combination of building area and land within one property.
Key Highlights
- 21,000‑square‑foot building currently used by a car dealership
- Approximately 8 acres across lots 3, 3.02, and 3.05
- Located along a major corridor at 909 E Rte 130
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
$314,034
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
6.28%
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%
$6,280,680
$6.3M
Cap Rate 7%
$4,486,200
$4.5M
Cap Rate 9%
$3,489,267
$3.5M
Market Conditions
NOI Build-Up for 21,000 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
$471.2K $22.44/SF
− Vacancy
−$22.6K −$1.08/SF
EGI
$448.6K $21.36/SF
− OpEx
−$134.6K −$6.41/SF
NOI
$314.0K $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%
$6,280,680
Cap Rate 7%
$4,486,200
Cap Rate 9%
$3,489,267
Alternative Uses
Best Use
Retail
$4.49M
$3.93M – $5.23M
NOI $314,034 @ 7.0% cap · market cap 6.28%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$43.92M
$38.43M – $51.24M
NOI $3,074,477 @ 7.0% cap · market cap 61.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
331
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
0.4 miles
Phillips 66
Shops & Services
8,682 visits/mo
0.4 miles
Sunoco
Shops & Services
7,670 visits/mo
0.4 miles
PrimoHoagies
Dining
1,578 visits/mo
0.3 miles
Exxon
Shops & Services
401 visits/mo
0.3 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
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Frequently Asked Questions
What type of property is this?
Showroom - Existing automotive dealership building with surrounding land along a major corridor.
Where is this showroom located?
The property is located at 909 E Rte 130 Burlington, NJ.
What is the asking price?
The asking price for this property is $4,999,000.
What are key features of this property?
This property features: 21,000‑square‑foot building currently used by a car dealership; Approximately 8 acres across lots 3, 3.02, and 3.05; Located along a major corridor at 909 E Rte 130
