Mixed-Use
North Dover Square - MEDICAL/RETAIL MIXED-USE
277 NJ-70, Toms River, NJ 08755
Listing Price: $8,076,000
Investment Overview
Marcus & Millichap is pleased to exclusively present North Dover Square, a premier Medical/Retail Mixed-Use building located at 277 NJ-70, Toms River, Ocean County, New Jersey.
This offering represents a rare opportunity to acquire a 98% occupied, approximately 20,460 SF mixed-use property in one of the fastest-growing areas of the Lakewood, NJ market.
Investment Highlights
- Two-Story Office Building Location: Well-Occupied with a Diverse Tenant Mix, Generating Strong Cash Flow in One of the Fastest-Growing Areas of the Lakewood, NJ Market
- Prime Location: Situated on Route 70 with excellent accessibility to Lakewood, Toms River, and Manchester. The property is at the intersection of Whitesville Road and Cox Cro, providing easy access to
- High Traffic Visibility: The property benefits from high visibility on the heavily traveled Route 70, which sees over 23,000 vehicles per day.
- Dual Access Points: Convenient ingress and egress from both Route 70 and Crescent Court.
- Strong Tenant Mix: The two-story office building is well-occupied with a diverse mix of tenants, generating strong cash flow.
- Nearby Amenities: Surrounded by national tenants such as Aldi, Starbucks, Stop & Shop, Wawa, Tractor Supply Co, Exxon, McDonald's, Wendy's, Extra Space Storage, Ocean First Bank, and more, providing a robust business environment.
- Demographics: The area boasts a population of over 183,000 within a 5-mile radius and an average household income above $106,000 within a 1-mile radius, offering a strong market for businesses.
- Adjacent Opportunity: Fully approved development with permits for a +/-23,000 SF two-story office building. This site offers a prime development opportunity in one of the fastest-growing areas of the Lakewood, NJ market, presenting further investment potential and synergies with the adjacent cash-flowing property. Available separately.
Exclusively Listed By
Financing By
Listing Price: $8,076,000
Investment Highlights
- Two-Story Office Building Location: Well-Occupied with a Diverse Tenant Mix, Generating Strong Cash Flow in One of the Fastest-Growing Areas of the Lakewood, NJ Market
- Prime Location: Situated on Route 70 with excellent accessibility to Lakewood, Toms River, and Manchester. The property is at the intersection of Whitesville Road and Cox Cro, providing easy access to
- High Traffic Visibility: The property benefits from high visibility on the heavily traveled Route 70, which sees over 23,000 vehicles per day.
- Dual Access Points: Convenient ingress and egress from both Route 70 and Crescent Court.
- Strong Tenant Mix: The two-story office building is well-occupied with a diverse mix of tenants, generating strong cash flow.
- Nearby Amenities: Surrounded by national tenants such as Aldi, Starbucks, Stop & Shop, Wawa, Tractor Supply Co, Exxon, McDonald's, Wendy's, Extra Space Storage, Ocean First Bank, and more, providing a robust business environment.
- Demographics: The area boasts a population of over 183,000 within a 5-mile radius and an average household income above $106,000 within a 1-mile radius, offering a strong market for businesses.
- Adjacent Opportunity: Fully approved development with permits for a +/-23,000 SF two-story office building. This site offers a prime development opportunity in one of the fastest-growing areas of the Lakewood, NJ market, presenting further investment potential and synergies with the adjacent cash-flowing property. Available separately.
Investment Overview
Marcus & Millichap is pleased to exclusively present North Dover Square, a premier Medical/Retail Mixed-Use building located at 277 NJ-70, Toms River, Ocean County, New Jersey. This offering represents a rare opportunity to acquire a 98% occupied, approximately 20,460 SF mixed-use property in one of the fastest-growing areas of the Lakewood, NJ market.