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313 E Jimmie Leeds

Galloway Township, NJ 08225
  • $6,000,000
  • STATUS: Active Under Contract
  • ON SITE: 134 days
  • MLS #: 546902
Under Contract
UPDATED: 39 min ago
$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

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© 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 Gary Simmens | Keller Williams Atlantic Shore Real Estate. 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 2021-06-19T11:49:53.57.
www.garysimmens.com/homes/113957322
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313 E Jimmie Leeds Galloway Township, NJ 08225

  • Price: $6,000,000
  • Status: Active Under Contract
  • Updated: 39 min ago
  • 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 Gary Simmens | Keller Williams Atlantic Shore Real Estate. 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 2021-06-19T11:49:53.57.
 
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