Arcade Building 1325 Boardwalk Ave 74,000 SF 100% Leased Office Building Atlantic City, NJ 08401 $8,900,000 ($120.27/SF) 8.71% Cap Rate

The Arcade Building, located at 1325 Boardwalk Avenue, presents a rare, irreplaceable investment opportunity along Atlantic City’s iconic Boardwalk. This fully occupied, mixed-use property offers 74,000 square feet of leasable space on a 1-acre lot, featuring a retail and office component anchored by the State of New Jersey Casino Control Commission. With a 35-year history of occupancy and a recently signed four-year extension, the Commission’s presence underscores the mission-critical nature of this site.

The Arcade Building includes a subterranean garage, ground-level retail spaces with long-term tenants, and proximity to major resorts and casinos. With zoning for 33 stories and significant air rights, the Arcade Building also provides compelling value-add potential for redevelopment should the Commission vacate in the future. Extensive summertime boardwalk foot traffic, classic architectural style, and a well-maintained building make this an excellent opportunity in a vibrant tourist zone.

Strategically positioned on the Boardwalk near the Central Pier and facing the Atlantic Ocean, the Arcade Building is adjacent to Resorts Hotel Casino and just north of Caesars Palace Hotel & Resort, placing it in the heart of Atlantic City’s most trafficked corridor. Located near Routes 40 and 30, it is within a one- to three-hour drive from Philadelphia, New York City, and Washington, DC. 1325 Boardwalk Avenue is near key attractions, including the Hard Rock Hotel, Ocean Casino Resort, Bally’s Atlantic City Hotel & Casino, and the Atlantic City Aquarium. In 2024, the area drew more than 18 million visitors annually, generating over $350 million in economic impact, including tourism from conventions, tradeshows, and family-friendly attractions.

Atlantic City’s dynamic coastal market blends entertainment, history, and seaside charm, making the Arcade Building a unique, high-profile asset with strong existing cash flow and long-term value potential. Retail tenants benefit from heavy tourist traffic, and the office portion remains essential to casino operations due to its mission-critical tenant. The Arcade Building is a landmark opportunity to own a historic, revenue-generating property in a globally recognized tourist destination.