Details
Address:2901 Route 42Type:ResidentialStyle:Single StorySize:15,000 sq. ft.Lot Type:RectangularLot Size:0.88 acres142ftx270ftMLS:5613873
Description
NOW is the time to STRIKE at this rare opportunity to own this recession proof property. 15,000 square foot shopping center with endless possibilities for growth and further development. This area is a hot bed of traffic with an estimated 100,000 cars per day. In the summertime the Black Horse Pike gets tons of shore traffic and great daily traffic with surrounding mega-chain stores close by. Current income 60,000+/- per month or $720,000 annual expenses is $275,000 +/-. ALL leases are triple net. Current tenants are: fencing company, barber, African American hair braider, clothing retailer, floral designer, there are two residential tenants in the apartments. There are a total of three parcels (1.85AC), TWO apartments, warehouse space and a lucrative novelty business which is included. Property stretches 288 FT, corner to corner on Washington Twp. Black Horse Pike (Route 42). Financials are available to qualified buyers once written offer is presented.
"Now is the Time to Strike!!"
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