1227 Haddonfield-Berlin Rd Voorhees Township, NJ 08043
This 7,000 square foot shopping center, located at 1227 Haddonfield-Berlin Rd in Voorhees Township, New Jersey (zip code 08043), presents a compelling investment opportunity. The single-story, 1992-built property sits on a 1.12-acre lot and features seven individual units, each approximately 1,000 square feet. Currently operating at 85% occupancy, the center boasts a diverse tenant mix including a martial arts academy, hair salon, Pakistani restaurant, and prepared food service businesses. The property offers excellent visibility and signage at the corner of Route 561 and Southgate Drive. Parking is ample with 25 spaces available. The property is zoned B-business. The Net Operating Income (NOI) is $24,700, resulting in a 1.98% cap rate. The asking price is $1,250,000 ($178.57 per square foot). Lease structures vary
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
Similar Nearby for Sale
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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.