Commercial Building For Sale
$1,750,000
131 S 2nd Road
Hammonton, New Jersey, United States
3 acres
Listed By: Homes & Land Magazine
Listed On: 04/05/2024
Listing ID: GL11087165 View More Details
Description
GREAT INVESTMENT -- 100% LEASED. 131 S 2nd Rd, Hammonton. 14,200 sqft of flex / light industrial space. There are two units: Suite 100 is 7,865 sqft has been leased long-term, and commenced September 2022. Suite 200 is 6,336 sqft and is leased long term, commencing March 2023. A 3rd Lease for trailer storage on the site has also been commenced March 2023. The Owner's updated Proforma indicates $137,000+- NOI expected (7.8% CAP Rate).