1227 Haddonfield-Berlin RdVoorhees Township, NJ 08043
- Retail properties
- 7,000 SF
Property Details for 1227 Haddonfield-Berlin Rd
- Year built
- 1992
- Lot size
- 1.12 AC
- Property size (Sq ft)
- 7,000 SF
- Property type
- Retail properties
- Property subtype
- Lifestyle centers
Description
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
Location Insight
- City
- Voorhees Township
- County
- Camden
- State
- New Jersey
- Latitude
- 39.8203
- Longitude
- -74.9485
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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