Skip To Content

    313 E Jimmie Leeds

    Galloway Township, NJ 08225
    • $6,000,000
    • STATUS: Active
    • ON SITE: 75 days
    • MLS #: 546902
    $6,000,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    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

    Monthly Payment Calculator



    © 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.
    www.oceancitynewjerseyhomes.com/homes/113957322
    Print Image

    313 E Jimmie Leeds Galloway Township, NJ 08225

    • Price: $6,000,000
    • Status: Active
    • MLS #: 546902
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Galloway Twp
    County:
    Atlantic
    Area:
    Galloway Twp
    Property 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
    Exterior Features

    Lot Dimensions 124X205

    Property Features

    Approved Short Sale N/A Bank Owned Foreclosure No Buildings 2 May Be Subject To Third Party Approval Short Sale No Tax Year 2020 Taxes 47476

    Listing information © 2021 South Jersey Shore Regional MLS.
    Listing provided courtesy of Balsley/Losco.


    © 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.
     
    https://bt-photos.global.ssl.fastly.net/sjersey/orig_boomver_1_546902-2.jpg
    Logo
    The Cheryl Huber Team
    109 34th St
    Ocean City NJ, 08226