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Marketing Description
Bank Owned commercial property ideal for redevelopment. 17.69 acres per a 2019 survey. Past use was as a movie theater, formerly known as Towne 16, as well as a freestanding restaurant building which was formerly leased by Outback Steakhouse.
The theater was originally constructed in 1970. The building contains roughly 56,300 square feet of gross building area, which was once used as Frank Theater.
The restaurant building, which was constructed in 1998, contains roughly 6,163 square feet of building area and is in average condition. When outback vacated the premises they removed a majority of the restaurant equipment apart from several stainless steel food prep stations as well as two walk-in freezers.
There are five Retail Centers located within one mile of this property. Major retailers in these Centers include: Boscov’s, Golden Corral, AT&T, H&R Block, GNC, Walmart Supercenter, Petco, Planet Fitness, Texas Roadhouse, Starbucks, Chick-fil-A, Sally Beauty Supply, T-Mobile, SuperCuts, TJ Maxx, Dollar Tree, Rent-A-Center, Forman Mills, and many more.
Easy access to The Garden State Parkway (GSP) and the Atlantic City Expressway (ACE).
The theater was originally constructed in 1970. The building contains roughly 56,300 square feet of gross building area, which was once used as Frank Theater.
The restaurant building, which was constructed in 1998, contains roughly 6,163 square feet of building area and is in average condition. When outback vacated the premises they removed a majority of the restaurant equipment apart from several stainless steel food prep stations as well as two walk-in freezers.
There are five Retail Centers located within one mile of this property. Major retailers in these Centers include: Boscov’s, Golden Corral, AT&T, H&R Block, GNC, Walmart Supercenter, Petco, Planet Fitness, Texas Roadhouse, Starbucks, Chick-fil-A, Sally Beauty Supply, T-Mobile, SuperCuts, TJ Maxx, Dollar Tree, Rent-A-Center, Forman Mills, and many more.
Easy access to The Garden State Parkway (GSP) and the Atlantic City Expressway (ACE).
Investment Highlights
- Bank Owned commercial property ideal for redevelopment. Past use was as a movie theater, formerly known as Towne 16, as well as a freestanding restaurant building which was formerly leased by Outback Steakhouse.
- The theater was originally constructed in 1970. The building contains roughly 56,300 square feet of gross building area, which was once used as Frank Theater.
- The restaurant building, which was constructed in 1998, contains roughly 6,163 square feet of building area and is in average condition. When outback vacated the premises they removed a majority of the restaurant equipment apart from several stainless steel food prep stations as well as two walk-in freezers.
- There are five Retail Centers located within one mile of this property. Major retailers in these Centers include: Boscov’s, Golden Corral, AT&T, H&R Block, GNC, Walmart Supercenter, Petco, Planet Fitness, Texas Roadhouse, Starbucks, Chick-fil-A, Sally Beauty Supply, T-Mobile, SuperCuts, TJ Maxx, Dollar Tree, Rent-A-Center, Forman Mills, and many more.
- Easy access to The Garden State Parkway (GSP) and the Atlantic City Expressway (ACE).
Loan History
Financial History
Tax History
Contact Information
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Ownership Information
Property Details
Contacts
Listing removed on
BY:
Lee Jerome
•••.•••.5200
lee@•••••••.com
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