Retail Space /NJ /Ocean County /Forked River /305 Lacey Rd
Retail Space /NJ /Ocean County /Forked River /305 Lacey Rd

305 Lacey Rd - Storefront Retail/Office FOR SALE


Forked River, NJ 08731 | 
$795,000 USD
732-623-2156
305 Lacey Rd, Forked River, NJ for Sale
$795,000 USD
Storefront Retail/Office - FOR SALE
1/3
null | 6.51% Cap Rate
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305 Lacey Rd
Forked River, NJ 08731

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HIGHLIGHTS

  • Below-market rents
  • Priced below replacement cost
  • ±245' frontage on Lacey Road
  • Parking ratio is 5 spots per 1,000SF
  • 4 tenants - all short term or month-to-month leases
  • Leases can be converted to NNN

OVERVIEW

±4,222 SF, 80% occupied strip mall for sale REDUCED vacant office c-b converted into a two bedroom apt

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$162 USD /SF

CAP RATE

6.51%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

OC

APN/PARCEL ID

13-01427-0000-00001-01

ASK ABOUT THIS PROPERTY

Brian MurphySitar CompanyMore Info
732-623-2156

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Brian MurphySitar CompanyMore Info
732-623-2156

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