55 Chestnut St

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55 Chestnut St

Elmer, NJ 08318
Asking Price
Contact for price
Asset Type
Convenience Store Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail convenience store asset located in Elmer, New Jersey.
  • The building features 2,700 square feet of interior space.
  • Property is currently positioned for acquisition by interested parties.
  • Located at the coordinates 39.5955, -75.1705 for mapping reference.
  • Functional layout suits high-frequency retail and consumer business operations.

What's Special

The property at 55 Chestnut St in Elmer, New Jersey, is currently available for sale and presents a functional asset for investors or owner-occupants focused on the convenience store sector. Encompassing 2,700 square feet, this retail space is positioned within a regional landscape characterized by established suburban accessibility and moderate commercial density. The building layout supports efficient inventory management and high-frequency customer turnover, typical for retail operations of this specific asset sub-type. Buyers looking for an established footprint in Salem County will find this location provides practical visibility and operational utility for daily consumer goods sales. The site accommodates various business models seeking to serve the local residential population and transient traffic navigating through this portion of South Jersey. Its manageable size and specialized layout offer a straightforward entry point for stakeholders seeking to expand their retail portfolio or establish a community-focused convenience operation in an accessible submarket.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times