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1115 N BLACK HORSE PIKE
BLACKWOOD, NJ 08012-4817
Asking Price
$645K
Asset Type
Convenience Store Retail
Class
Class B
What's Special
<p>Location, location, location...great opportunity for retail use on busy Black Horse Pike. Located just off Rt 42 and at the point of Black horse and Old Black Horse Pikes. Former Wawa, but could be used for medical, restaurant/pizza shop, mobile phone store and any other retail location. Signage on Black Horse and 20+/- parking lot with access from both roads. This property is deed restricted; it cannot be used as a convenience store.</p>
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NOI
$80,000
Cap Rate
12.40%
DSCR
2.09
Strong
Cash-on-Cash
21.55%
Monthly Payment
$3,191.108
Annual Cash Flow
$41,706.703