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Property profile

1227 Haddonfield-Berlin Rd Voorhees Township, NJ 08043

OFF-MARKET
Lifestyle centers
7,000 SF 1.12 ac lot Built 1992
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Property summary

AI-generated overview

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

Property profile

Verified
Property type Lifestyle centers
Year built 1992
Total area 7,000 SF
Lot 1.12 ac (48,787 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1227 Haddonfield-Berlin Rd Voorhees Township, NJ 08043
Voorhees Township metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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