Investment Overview

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/2842/ Marcus & Millichap is pleased to present Tilton Vistas located at 323 S Pitney Rd in Galloway, NJ. The Property is a 48,828 SF, three-story fitness and medical center delivered in 2008 on 4.57 acres with 224 parking spaces. The property is 100% leased across five complementary tenants—Atilis Gym (anchor), Five Star Swim School, Strive Physical Therapy, Accent Aesthetics, and Claims Resolution Corp—supporting cross-shopping and daily traffic. Current income totals $706,387 in base rent (plus reimbursements), producing NOI of $481,925, with a weighted average remaining term of 2.9 years. Excellent access and signage are provided along E. Jimmie Leeds Rd (±15,471 VPD) and S. Pitney Rd, enhanced by recorded cross-access easements that create multiple ingress/egress routes. Galloway Township, located in Atlantic County, New Jersey, is a growing suburban community with strong regional connectivity via NJ Route 9, NJ Route 30 and the Garden State Parkway. Located roughly 10 miles from Atlantic City, the asset benefits from a diversified regional employer base and on-going retail growth, including a new ±86,076 SF ShopRite under construction in the immediate trade area. The surrounding trade area is active and expanding, with an average household income (AHHI) of $96,590 within 1 mile. The 3-mile radius is home to approximately 27,835 residents with an AHHI of ±$93,177, while the 5-mile radius includes ±48,547 residents with an AHHI of ±$90,047. The offering creates an exceptional opportunity for investors to acquire this is a stabilized, experiential-retail play at an attractive basis.