1101 Atlantic Ave - Drug Store FOR SALE


Atlantic City, NJ 08401- Downtown Atlantic City
$2,300,000 USD
1101 Atlantic Ave, Atlantic City, NJ for Sale
$2,300,000 USD
Drug Store - FOR SALE
1/19
null | Request Cap Rate

NEW


1101 Atlantic Ave
Atlantic City, NJ 08401
Downtown Atlantic City


HIGHLIGHTS

  • Two (2) Drive-Thru Lanes
  • Prominent Signage / Strong Frontage
  • Overhead Door to Rear Storage/Warehouse
  • Corner Lot with Exceptional Visibility
  • Three (3) Street Access Points

OVERVIEW

1101 Atlantic Avenue - This former Walgreens presents a rare 1.02-acre corner opportunity with an 11,274 SF building (approx. 11,000 SF on the ground level). Exceptional visibility, strong frontage, curb appeal, and a proven national-credit layout located within an Opportunity Zone. Zoned CBD, the site is built for high-volume users with two drive-thru lanes, tremendous parking, and three points of ingress/egress for effortless customer flow and deliveries. The building includes an overhead door into the rear warehouse/storage area plus a conveyor system servicing additional second-floor storage. Plug-and-play repositioning or redevelopment site for retail, medical, QSR, urgent care, service, or mixed-use concepts.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$204 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,431 SF

ZONING

CBD

APN/PARCEL ID

02-00299-0000-00006

ASK ABOUT THIS PROPERTY

Joshua Levin, CCIMLevin Commercial Real Estate, LLCMore Info

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Joshua Levin, CCIMLevin Commercial Real Estate, LLCMore Info

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