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MCA Station - 335 N Main St, Lanoka Harbor, NJ

Property Details

  • Price :

  • Square Feet :

  • Cap Rate :

  • $2,497,000

  • 10,185

  • 7.00%

  • NOI :

  • Acres :

  • $176,174

  • 2.08

  • Property Type :

  • Property Status :

  • Retail

  • Under Agreement

Investment Highlights

  • 100% Occupied +/- 10,185 SF Strip Center on North Main Street (US 9) in Lanoka Harbor, Ocean County, New Jersey
  • 6 Units Consisting of Service-Based Retail Businesses That Cater to the Local Community
  • Value-Add Opportunity to Raise all Rents up to Market Value
  • Property Has Custom Design and Has Been Extremely Well-Maintained by the Owner/Developer
  • Conveniently Located on North Main Street (US 9) With Great Visibility – More Than 20,000 Vehicles per day
  • Easy Access to Major Roads Including – The Garden State Parkway, Route 35, Route 37, Route 70, and Route 72
  • Just a 10 Minute Drive to Both Laurel Harbor and Forked River Beach on the Barnegat Bay
  • Nearby National Tenants Include – ShopRite, Walmart, The Home Depot, T.J. Maxx, CVS, McDonald's, AutoZone, TD Bank, Taco Bell, and More
  • Good Demographics – Over 50,000 People Within a 5-Mile Radius, and an Average Household Income Above $117,000 Within a 1-Mile Radius