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675 Route 72 E 10,400 SF 100% Leased Office Building Manahawkin, NJ 08050 $1,800,000 ($173.08/SF)
Investment Highlights
- High traffic area just 1.8 miles east of the bridge to LBI
Executive Summary
Prime commercial opportunity on highly trafficked Route 72 in a desirable Manahawkin location, just 1.8 miles east of the bridge to Long Beach Island. This 10,000+ square foot office building offers excellent visibility, easy access, and ample on-site parking. The property is currently configured into four office units of varying sizes, providing flexibility for owner-users or investors, with the ability to reconfigure to suit specific needs. Situated adjacent to a large, established office park with surrounding professional businesses. An ideal location for medical offices, attorneys, accountants, title companies, and other professional services seeking strong exposure and proximity to LBI and surrounding communities.
Property Facts
Sale Type
Investment
Property Type
Building Size
10,400 SF
Building Class
C
Year Built
1983
Price
$1,800,000
Price Per SF
$173.08
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,400 SF
Building FAR
0.14
Lot Size
1.74 AC
Zoning
HC - Highway Commercial
Parking
40 Spaces (3.85 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Zachariae Realty Inc
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Zachariae Realty Inc | - | - | - | - |
1 1
Property Taxes
| Parcel Number | 31-00147-107-00056-06 | Improvements Assessment | $1,289,500 |
| Land Assessment | $382,900 | Total Assessment | $1,672,400 |
Property Taxes
Parcel Number
31-00147-107-00056-06
Land Assessment
$382,900
Improvements Assessment
$1,289,500
Total Assessment
$1,672,400
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675 Route 72 E
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