Property profile

9 Black Horse Pike Gloucester Township, NJ 08012

OFF-MARKET
Retail properties & Spaces
3,387 SF
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Property summary

AI-generated overview

This exceptional investment opportunity presents a thriving, multi-tenant property located at 9 Black Horse Pike in Gloucester Township, New Jersey, 08012. The property encompasses a total of 3,387 square feet and is situated in a highly visible location, maximizing its commercial potential. The main tenant is a popular local restaurant and pizzeria occupying the first floor, boasting a recently added outdoor dining area, enhancing its appeal and capacity. Adding to the property's income stream, a fully occupied two-bedroom apartment is located on the second floor, providing consistent rental income. The building itself is a two-story Class B structure, currently operating at 100% occupancy. This is a Net Lease (NNN) investment, meaning the tenant is responsible for most operating expenses, minimizing the owner's operational burden. The property is offered as a single-building, multi-tenant investment, ideal for investors seeking a stable and income-producing asset in a desirable New Jersey location. The property's strong tenant occupancy and prime location make it an attractive investment opportunity with significant potential for future growth and returns. This mixed-use property offers a unique blend of commercial and residential income streams, providing diversification and enhanced investment value. The Camden County location offers easy access to major transportation routes and a strong local customer base. This is a turnkey investment ready for immediate income generation.

Property profile

Verified
Property type Retail properties & Spaces
Total area 3,387 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant
  • Roofing Company General Contractor

Location

9 Black Horse Pike Gloucester Township, NJ 08012
Gloucester Township metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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