
Description
Galloway's Premier Investment Property. Set records in largest lease aggregate transaction value in full back building 17,200 sf on NNN basis netting more than $550,000 in that one lease achieving highest per square foot base rent in the Township history. The front building is partially occupied by Primo Hoagies. Combined the NOI is approximately $600,000 annually. GREAT INVESTMENT. Asking CAP rate is higher than recently sold properties and this property has much more secure income. Will sell quick
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N/AACRES
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01/2 BATHS
School Ratings & Info
Description
Galloway's Premier Investment Property. Set records in largest lease aggregate transaction value in full back building 17,200 sf on NNN basis netting more than $550,000 in that one lease achieving highest per square foot base rent in the Township history. The front building is partially occupied by Primo Hoagies. Combined the NOI is approximately $600,000 annually. GREAT INVESTMENT. Asking CAP rate is higher than recently sold properties and this property has much more secure income. Will sell quick
© 2021 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 2021-04-20T23:49:55.757.