1649 Nj-38 Mount Holly, NJ 08048
This exceptional investment opportunity presents the Holly Edge Shoppes, a stabilized mixed-use shopping center totaling 14,700 square feet situated on a 1.13-acre lot in Lumberton, New Jersey. Located at 1649 NJ-38, this property boasts excellent visibility on a heavily traveled Route 38, offering prime exposure for its five tenants. The center comprises two single-story buildings, featuring approximately 10,200 square feet of retail space and an additional 4,500 square feet of warehouse space located behind the main retail area. Currently operating at 100% occupancy, the property generates a strong net operating income (NOI) of $120,714, resulting in an attractive 7.10% capitalization rate. The asking price is $1,700,000, translating to $115.65 per square foot. The property is zoned B2 and is located within the Mount Holly Urban Enterprise Zone (UEZ). Tenants include Leslie Pool, On The Go (Laundry Mat), Absolute Weave, and Ocean Tents. This NNN-leased, multi-tenant property offers a secure and profitable investment opportunity for discerning buyers. Detailed financial information is available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.