Highly Visible Retail Office
950 N Pearl St Bridgeton, NJ 08302
For Sale
Contact for pricing
Well-maintained retail/office building on an easily accessible outparcel with adjacent parking and multiple drive-thrus.
Property Size2,400 SF
Price / SF$372.92
Days on Market1010
Property Features for 950 N Pearl St
General Information
Standard status
Active
Size
2,400 SF
Property subtype
RETAIL
Listing Agency:
Lee & Associates | Suburban Philadelphia
(610) 238-8118
Listed By:
Matt Macdonald
(610) 238-8118
Source:
Moodyscre
Added: Oct 24, 2023
Changed: Jul 26
Last Checked: Jul 26 at 6:11PM
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 | Suburban Philadelphia
Investment Insights
Based on property information with market context.
This well-maintained retail/office building offers a highly visible presence for an outparcel setting. The property includes parking adjacent to the building and multiple drive-thru configurations, supporting convenient customer access.
The site is located at a signalized intersection and described as easily accessible. It sits within a larger anchored center, with the outparcel positioned to benefit from the high-traffic grocery nearby.
The offering is for a 2,400-square-foot retail/office building configured for street-facing visibility and straightforward drive-up access.
The site is located at a signalized intersection and described as easily accessible. It sits within a larger anchored center, with the outparcel positioned to benefit from the high-traffic grocery nearby.
The offering is for a 2,400-square-foot retail/office building configured for street-facing visibility and straightforward drive-up access.
Key Highlights
- 2,400 SF retail/office building on a well‑maintained outparcel at a signalized intersection
- Parking is adjacent to the building
- Multiple drive‑thrus
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
Office B
$2.93M
$2.56M – $3.42M
NOI $205,027 @ 7.0% cap · market cap 22.91%
Second Best
Retail
$413.9K
$362.1K – $482.8K
NOI $28,970 @ 7.0% cap · market cap 3.24%
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 authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Well-maintained retail/office building on an easily accessible outparcel with adjacent parking and multiple drive-thrus.
Where is this retail space 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: 2,400 SF retail/office building on a well‑maintained outparcel at a signalized intersection; Parking is adjacent to the building; Multiple drive‑thrus
