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3245 Route 35 N - Ocean Beach Marine Centers Sale/Leaseback 5,000 SF Specialty Building Offered at $10,714,000 at a 7% Cap Rate in Lavallette, NJ 08735
Investment Highlights
- Ocean Beach Marine Centers (OBMC) has two locations along the Barnegat Bay (Lavallette and Lanoka Harbor)
- OBMC owns the basin including the submerged land
- Lavallette is a full-service marina with 263 total slips, repair shop, sea-towing, and restaurant
Property Facts
| Price | $10,714,000 | Building Class | C |
| Price Per SF | $2,142.80 | Lot Size | 4.00 AC |
| Sale Type | Investment | Building Size | 5,000 SF |
| Cap Rate | 7% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1950 |
| Property Subtype | Marina | ||
| Zoning | GB | ||
| Price | $10,714,000 |
| Price Per SF | $2,142.80 |
| Sale Type | Investment |
| Cap Rate | 7% |
| Property Type | Specialty |
| Property Subtype | Marina |
| Building Class | C |
| Lot Size | 4.00 AC |
| Building Size | 5,000 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Zoning | GB |
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Property Taxes
| Parcel Number | 08-00934-0000-00004 | Improvements Assessment | $444,000 |
| Land Assessment | $420,000 | Total Assessment | $864,000 |
Property Taxes
Parcel Number
08-00934-0000-00004
Land Assessment
$420,000
Improvements Assessment
$444,000
Total Assessment
$864,000
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3245 Route 35 N - Ocean Beach Marine Centers Sale/Leaseback
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