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131 S 2nd

Hammonton, NJ 08307
  • $1,750,000
  • STATUS: Active
  • ON SITE: 31 Days
  • MLS #: 581416
UPDATED: 51 min ago
$1,750,000
  • 0
    BEDS
  • 3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

GREAT INVESTMENT -- 100% LEASED. 131 S 2nd Rd, Hammonton. 14,200 sqft of flex / light industrial space. There are two units: Suite 100 is 7,865 sqft has been leased long-term, and commenced September 2022. Suite 200 is 6,336 sqft and is leased long term, commencing March 2023. A 3rd Lease for trailer storage on the site has also been commenced March 2023. The Owner's updated Proforma indicates $137,000+- NOI expected (7.8% CAP Rate).

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© 2024 South Jersey Shore Regional MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Cheryl Huber Team. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2024-02-22T12:50:17.433.
www.oceancitynewjerseyhomes.com/homes/146807523
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131 S 2nd Hammonton, NJ 08307

  • Price: $1,750,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 51 min ago
  • MLS #: 581416
0
Beds
0
Baths
0
½ Baths
3
Acres
Neighborhood:
Hammonton Town
County:
Atlantic
Area:
Hammonton Town
Property Description
GREAT INVESTMENT -- 100% LEASED. 131 S 2nd Rd, Hammonton. 14,200 sqft of flex / light industrial space. There are two units: Suite 100 is 7,865 sqft has been leased long-term, and commenced September 2022. Suite 200 is 6,336 sqft and is leased long term, commencing March 2023. A 3rd Lease for trailer storage on the site has also been commenced March 2023. The Owner's updated Proforma indicates $137,000+- NOI expected (7.8% CAP Rate).
Exterior Features

Commercial Style CommercialLight IndustrialWarehouse Exterior Features Loading DockTruck Door Location Commercial Park Lot Dimensions 300 x 445 Overhead Doors 3 Parking 11 or More SpacesOff Street Roof FlatOther Siding Exterior Block Waterfront YN No

Interior Features

Air Conditioning Central Basement Slab Flooring ConcreteSlab Heating Gas-Natural

Property Features

Age Range 25+ Years Approved Short Sale N/A Auction YN No Available Income Expense Info.Lease Information Bank Owned Foreclosure No May Be Subject To Third Party Approval Short Sale No Sewer Public Sewer Tax Year 2022 Taxes 13966 Water Public

South Jersey Shore Regional MLS logo Listing information © 2024 South Jersey Shore Regional MLS.
Listing provided courtesy of BALSLEY/LOSCO: .


© 2024 South Jersey Shore Regional MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Cheryl Huber Team. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2024-02-22T12:50:17.433.
 
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