1390 Blackwood-Clementon Road

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1390 Blackwood-Clementon Road

clementon, NJ 08021
Asking Price
$2.56M
Asset Type
Retail
Class
Class B

What's Special

1390 Blackwood-Clementon Road is situated in a high-traffic commercial corridor in Clementon, New Jersey. The neighborhood features a mix of established residential communities and busy retail centers. This location provides direct access to major local thoroughfares and is less than three miles from Route 42 and the Atlantic City Expressway. Nearby amenities include national grocery chains, diverse dining options, and local service providers, ensuring a consistent flow of vehicle and pedestrian traffic. Public transportation is accessible via NJ Transit bus routes serving the immediate area. This retail asset is well-suited for high-visibility businesses such as convenience stores, boutique shops, or professional service offices. The building’s layout supports flexible floor plans ideal for health and wellness studios, specialty pharmacies, or quick-service food vendors. Potential tenants would likely include regional service providers or independent retailers seeking a location with strong street-front exposure and a stable local customer base. The surrounding demographics favor businesses catering to daily consumer needs and essential suburban services.

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NOI
$80,000
Cap Rate
3.12%
DSCR
0.53
Underwater
Cash-on-Cash
-9.38%
Monthly Payment
$12,675.378
Annual Cash Flow
$-72,104.537

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