Updated Mar 9, 2026
Northbridge Partners Acquires Retail Property In Maple Shade For $9.85M
493 State Highway 38, Maple Shade, NJ 08052
$9,850,000
$135/SF
Building Size
72,625 SF
Asset Type
Retail
Closing
Aug 11, 2020
About this deal
AI
A retail property located at 493 Route 38 W. in Maple Shade has been sold for $9,850,000. The property spans across 72,625 square feet, resulting in a price per square foot of $136.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $9,850,000
The buyer, Northbridge Partners, acquired the property. The sale was facilitated by brokers Andy Merin, David Bernhaut, Andrew Schwartz, Karen Iman, Jordan Sobel, Keith Braccia, and Andre Balthazard from Cushman & Wakefield.
On the Map
$9,850,000
$135/SF
Retail
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Players
Maple Shade Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.61%
Cash-on-Cash
-0.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93