Multi-Tenant Retail
Bon-Ton Plaza
3143 Fire Rd Egg Harbor Twp, NJ
Listing Price: $1,900,000
Cap Rate
6.51%
Net Operating Income
$123,772
Occupancy
84.6%
Lot Size
0.91 Acres
Rentable SF
8,731 SF
Units
6
Zoning
RCD
Investment Highlights:
Exclusivley Listed By:
SENIOR VICE PRESIDENT INVESTMENTS
DERRICK DOUGHERTY
(215) 531-7026
» 8,731 square foot strip center featuring six(6) tenants on a little less than 1 acre(.9) on Fire Road featuring 22K VPD
» Atlantic County is the most visited county in New Jersey with 27 million visitors annually
» The site runs parallel to the Garden State Parkway(60K VPD) and close to the AC Expressway(22,600 VPD) and Tilton Road(27K VPD)
» The center currently has a nice blend of regional and local tenants with bays ranging from 1,100 sq ft – 1,600 sq ft. 65% of the GLA has been operating at this location for over a decade – Hashtagthis(1999), Luke Studio Nails(2002), Primo
Hoagies(2006), and Lavender Spa(2012)
» Current ownership is the original builder and has owned this property for 30+ years. Opportunity for an investor to convert the leases to fully triple net to cover the property taxes