Listing Courtesy of: Realty Mark Advantage (856) 457-4900
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A well-established neighborhood shopping plaza with over 60 years of operating history in Lindenwold, NJ is being offered for sale. The property is situated on approximately 1 acre and is improved with a 13,000 SF retail building configured into seven (7) units. A Mexican restaurant has recently joined the tenant mix, and all seven units are now fully leased. The property generates over $200,000 in annual net operating income (NOI), representing an approximately 7% capitalization rate based on the asking price. The property is strategically located within a densely populated residential area, providing a stable customer base and strong appeal to local retail and service-oriented tenants. Additionally, the presence of a similarly sized shopping center directly across the street enhances foot traffic and creates synergistic retail activity. The current tenant mix includes an established laundromat, tobacco shop, convenience store, Chinese restaurant, deli, Spanish grocery store, and Mexican restaurant. This diverse tenant mix contributes to stable in-place income and strong, consistent demand from the surrounding community.
Listing Courtesy of: Realty Mark Advantage (856) 457-4900
School District:
LINDENWOLD BOROUGH PUBLIC SCHOOLS
Additional Information
ListDate:
2026-04-23 00:00:00.0
Possession:
61-90 Days CD
Property Type:
COM
Property SubType:
Commercial Sale
Year Built:
1966
Status:
Active
Tax Year:
2026
Tax Amount:
$41,132.95
Ownership Interest:
Fee Simple
Business Type:
Other/General Retail, Restaurant/Bar, Supermarket/Grocery Store
$
per month Year Fixed. % Interest Rate.
Principal + Interest:
$
Monthly Tax:
$
Monthly Insurance:
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.