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4403 Black Horse Pike
Mays Landing, NJ 08330
Hamilton Power Center · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • This center provides a buyer group with relative tenant stability as the lease expirations range from 2026 to 2029, plus internet-resistant tenants.
  • Great value-add opportunity with 12,000 square feet available for lease, allowing the next owner to eventually increase net operating income.
  • The center is a pad to the Hamilton Mall and is surrounded by national retailers like Walmart, Target, Hobby Lobby, Macy's, H&M, Kohl's, and more.
  • Around 10 miles from Atlantic City, one of the most popular tourist destinations in the nation, with over nine casino resorts and 20,000 hotel rooms.
  • Within a five-mile radius, there are over 44,000 people that have an average household income of over $94,500.
  • Capitalize on recent falling interest rates, which will enhance yields and improve cash flows and IRR’s. Inquire with Broker for recent debt quotes.

PROPERTY FACTS

Property Type
Retail
Building Size
107,183 SF
Building Class
B
Year Built/Renovated
1987/2004
Tenancy
Multiple
Building Height
1 Story
Loading Docks
3 Exterior
Slab To Slab
15’
Building FAR
0.24
Lot Size
10.41 AC
Zoning
DC - Design Commercial District
Parking
920 Spaces (8.58 Spaces per 1,000 SF Leased)
Frontage
530’ on Leipzig Ave

AMENITIES

  • Bus Line

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-01135-01-00010-02
Land Assessment
$3,549,300
Improvements Assessment
$1,950,700
Total Assessment
$5,500,000
  • Listing ID: 21742265

  • Date on Market: 12/14/2020

  • Last Updated:

  • Address: 4403 Black Horse Pike, Mays Landing, NJ 08330

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