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- LoopNet Team
608 Mill Rd
Absecon, NJ 08201
Investment Property · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Restaurant
- Air Conditioning
ABOUT 608 MILL RD , ABSECON, NJ 08201
Real Estate Only. Free Standing Commercial Building located just off the Corner of the White Horse Pike and Mill Rd in Absecon. Neighboring McDonalds, Shop Rite, Bobs Seafood & WaWa. This is a strong longstanding commercial corridor. Building is leased on a 15 Year Term Starting October 1st, 2016 through September 30th, 2031. Originally built as a Dunkin Doughnuts providing commercial grade equipment and infrastructure. Total lease term remaining NET income is 666,000. Current NOI is $48,000. Being offered at a 10.7% CAP Rate. Detailed P & L will be provided to qualified buyers along with a list of equipment belonging to the building. Call for marketing package.
PROPERTY TAXES
| Parcel Number | 01-00206-0000-00013 | Improvements Assessment | $103,800 |
| Land Assessment | $178,200 | Total Assessment | $282,000 |
PROPERTY TAXES
