100% Leased I Upside I High Yield (9.3% Cap)
Minutes from Atlantic City & NJ Shore I 16K VPD
Investment highlights
Income —- Fully Leased Office Building with a Strong Tenant Mix of Businesses That Include a Learning Academy, Salon & Spa, Beauty Wax Bar, Yoga Studio, Therapist, and Autism Center
Short Term Leases —- Each Tenant has 1-Year Remaining on Their Lease Term and No Options Providing Upside for Potential Investors
Business & Retail Corridor —- Located Along a Popular Corridor that Includes Such National Tenants as Walgreens, McDonald’s, TD Bank, and Firestone, as well as Many Local Retail and Professional Businesses
Route 9 —- Located on a Heavily Trafficked Section of U.S. Highway 9 (New Road) Which Sees More Than 16,050 Vehicles Passing Daily
NJ Shore —- Situated Just 4-Miles from the NJ Shore Town of Margate City a Popular Beach Destination Attracting Numerous Visitors Annually
Atlantic City —- Subject Property is Strategically Positioned within 10-Miles from Atlantic City Home to 9 Casinos Making it the Casino Capital of the East Coast
Sound Demographics —- Situated in a Dense Area with Over 104,000 People Living Within a 5-Mile Radius with an Average Annual Household Income Exceeding $140,000 within a 1-Mile Radius
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