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100% Occupied 4 Tenant Neighborhood Strip Center

$2,800,000

941 New Jersey 166, Toms River, NJ 08753

Active
Last Updated: 11/03/2022

6.1

Cap Rate

13,420 sqft

Building Size

Details:
Cap Rate:    6.1%
Building Size:    13,420 sqft
Lot Area:    1.31 acres
Occupancy:    100%
Units:    4
Year Built:    1970
Floors:    1
Description:

Keller Williams Commercial  is Pleased to Present Exclusively For Sale o f 1 3,420 S F Strip Center Located a t 941-945 Route 166 i n Toms River, New Jersey . The 100% Occupied Strip Center Consists o f 4 Tenants That Include a n Auto Store, Convenience Store, Laundromat and a Pizzeria Store



Strong Demographics With a Population o f 145,148 Residents Making an Above Average Household Income o f $9 0,601 Within 5-Miles
Located at a Signalized Intersection Which Sees Over 2 7,585 VPD o n Lakewood Road • The Property i s Strategically Located Across From a Busy Shoprite, Staples, Chase Bank, Panera Bread and More Tenant




Strong Historical 100% Occupancy With Little t o N o Turnover
Tenant Mix Was Able t o Maintain Their Position o n the Property Through COVID-1 9
6 5 Ample Parking Spots i n the Front and Rear • Roof Replaced I n 2019, 2 0 Years Warranty and the HVAC i s 1 0 Years Old
Strong Mix o f National and Local Tenants Which Include: Good Year Tire, Tienda Fresh Market, Laundromat and Attillio Pizza
Minutes From the Garden State Parkway, Local Shopping Area and Walk-I n Traffic

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