Retail drug store/ strip center.
Building area: 1,775 m².
The plot is 7,972 m².
The cost of the facility is 6,625,000 $.
The absolute annual income is 399,487 $.
The current yield of 6,4%.
Leased to two tenants.
The first tenant is an American company that operates as one of the largest pharmacy store chain in the United States. The company operates more than 8 thousand stores in all 50 states, the District of Columbia, Puerto Rico, and the U. S. Virgin Islands.
The second tenant is an American technology and international real estate franchise, one of the largest privately held global residential real estate brokerages with over 180,000 associates worldwide.
Location and nearby infrastructure
The facility is located in the state of New Jersey, Ocean County.
There is a pharmacy, a hospital, restaurants, a pizzeria and a mini market in the immediate vicinity.
Ocean County is located 80 km east of Philadelphia, 110 km south of New York City, and 40 km north of Atlantic City, making it a prime destination for residents of these cities.
Ocean County has state routes that go through Route 13, 35, 37, 70, 72, 88 and 166. Other major routes that pass through are U. S. Route 9, the Garden State Parkway and Interstate 195.
New Jersey is a state in the Mid-Atlantic region of the Northeastern United States. It is a peninsula, bordered on the north and east by the state of New York. New Jersey is the 11th-most populous state, with 9 million residents, the most densely populated of the 50 U. S. states and third-wealthiest state by median household income. The territory of the state belongs to the urban agglomerations of New York and Philadelphia.