Stand Alone Retail
950 N Pearl St Bridgeton, NJ 08302
950 N Pearl St, Bridgeton, NJ, 08302
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For Sale
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2,400 SF stand alone building with multiple drive-thrus.
Property Size2,400 SF
Price / SF$372.92
Days on Market1109
Property Features for 950 N Pearl St
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Property subtype
- Retail
Listing Agency
Lee & Associates | Eastern Pennsylvania - Central PA
Listed by
Matt Macdonald · License #RS290772
Source
Crexi
Added: Jul 9, 2023 Updated: Jul 6 at 7:58 am Checked: Jul 19 at 5:42 am
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 Lee & Associates | Eastern Pennsylvania - Central PA
Investment Insights
Based on property information with market context.
This is a well-maintained 2,400 SF stand alone building that is easily accessible at a signalized intersection. It is located on an outparcel to a high traffic grocery anchored center. The property features multiple drive-thrus, and parking is adjacent to the building.
Key Highlights
- High‑traffic location at a signalized intersection.
- Outparcel to a grocery‑anchored center.
- Stand‑alone building with 2,400 SF.
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 | $43.2k | $18.00 |
| − Vacancy | −$1.8k | −$0.76 |
| EGI | $41.4k | $17.24 |
| − OpEx | −$12.4k | −$5.17 |
| NOI | $29.0k | $12.07 |
2,400 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$413.9K
$362.1K – $482.8K
NOI $28,970 @ 7.0% cap · market cap 3.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.60M
$3.15M – $4.20M
NOI $252,253 @ 7.0% cap · market cap 28.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - 2,400 SF stand alone building with multiple drive-thrus.
Where is this storefront property located?
The property is located at 950 N Pearl St Bridgeton, NJ.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: High‑traffic location at a signalized intersection.; Outparcel to a grocery‑anchored center.; Stand‑alone building with **2,400 SF**.
