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Shopping Strip

Caliber Collision Anchored Center

1920 NJ-37, Toms River, NJ 08753

Listing Price: $3,499,000

Cap Rate
6.04%
Gross SF
38,800
Rentable SF
38,800
Price/Gross SF
$90.18
Lot Size
2.63 acres
Year Built
1972

Investment Overview

Within a 1-mile radius, the Population is 11,932 & AHI is $110,474 with expected population growth of 2.10% in next 5 years. Dense Residential & Tourism Base – Surrounded by strong year round population with additional seasonal demand driven by Seaside Heights, Lavallette, Mantoloking and Jersey Shore tourism.

Investment Highlights

  • Current family ownership has controlled the property since 1977, creating a true generational acquisition opportunity
  • Immediate connectivity to Route 9, the Garden State Parkway, Route 70, and the Thomas Mathis Bridge, providing strong consumer draw and accessibility
  • Potential to increase NOI by $45,000–$100,000+ annually through raising PRO-CAT's rent, converting to Triple Net, or replacing with a stronger operator

Exclusively Listed By

Broker of Record

  • Jim McGuckin

    Managing Director, Market Leader - New Jersey

    (201) 742-6100

    License(s) NJ: 2082114

    New Jersey

Financing By

Shopping Strip

Caliber Collision Anchored Center

Listing Price: $3,499,000

Cap Rate
6.04%
Gross SF
38,800
Rentable SF
38,800
Price/Gross SF
$90.18
Lot Size
2.63 acres
Year Built
1972

Investment Highlights

  • Current family ownership has controlled the property since 1977, creating a true generational acquisition opportunity
  • Immediate connectivity to Route 9, the Garden State Parkway, Route 70, and the Thomas Mathis Bridge, providing strong consumer draw and accessibility
  • Potential to increase NOI by $45,000–$100,000+ annually through raising PRO-CAT's rent, converting to Triple Net, or replacing with a stronger operator

Investment Overview

Within a 1-mile radius, the Population is 11,932 & AHI is $110,474 with expected population growth of 2.10% in next 5 years. Dense Residential & Tourism Base – Surrounded by strong year round population with additional seasonal demand driven by Seaside Heights, Lavallette, Mantoloking and Jersey Shore tourism.

Exclusively Listed By

Broker of Record

  • Jim McGuckin

    Managing Director, Market Leader - New Jersey

    (201) 742-6100

    License(s): NJ: 2082114

    New Jersey

Financing By

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