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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

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Investment Highlights:
 

Exclusivley Listed By:

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FIRST VICE PRESIDENT INVESTMENTS
MARK KRANTZ

(215) 531-7056
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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

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