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Commercial property on the corner of Rt 9 111 Lakeside Dr 2,200 SF Flex Building Tuckerton, NJ 08087 $628,164 CAD ($285.53 CAD/SF) 6.10% Cap Rate

Flex Spaces New Jersey Tuckerton 111 Lakeside Dr, Tuckerton, NJ 08087

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INVESTMENT HIGHLIGHTS

  • Heavy traffic
  • Great location
  • Lots of parking

EXECUTIVE SUMMARY

Prime commercial property located on the corner of Route 9 and Lakeside Drive, in the heart of Tuckerton! This .63-acre lot offers endless possibilities and features ample parking, making it ideal for a variety of business ventures. Conveniently positioned near regional shopping centers, popular restaurants, and just minutes from the beach, this location provides excellent visibility and accessibility. Situated next to Tip Seaman Park, it enjoys a bustling neighborhood atmosphere. The existing building is currently leased as a restaurant, and the property is zoned for commercial use, allowing for a wide range of potential opportunities. Don’t miss this chance to invest in a high-traffic, high-demand location! ***BUSINESS IS NOT FOR SALE OR CLOSING***, sale is Real Estate and Building only. By appointment only, Current lease is Through April 30 2026- Rent is $2251 a month, Starting October it will be $2318 and increases 3% every year until end.

ATTACHMENTS

Just Listed - Linen - Social Media - Post

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $3,236 $1.47
Other Income - -
Vacancy Loss - -
Effective Gross Income $3,236 $1.47
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $3,236
Annual Per SF $1.47
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $3,236
Annual Per SF $1.47
Net Operating Income (CAD)
Annual -
Annual Per SF -

PROPERTY FACTS

Price $628,164 CAD Building Class C
Price Per SF $285.53 CAD Lot Size 0.64 AC
Sale Type Investment Rentable Building Area 2,200 SF
Cap Rate 6.10% No. Stories 1
Sale Condition Sale Leaseback Year Built/Renovated 1958/2022
Property Type Flex Tenancy Single
Property Subtype
Light Distribution
  • General Retail Fast Food
  • General Retail Restaurant
  • General Retail Storefront
Zoning commercial - Commercial corner lot, on Busy Rt 9
Price $628,164 CAD
Price Per SF $285.53 CAD
Sale Type Investment
Cap Rate 6.10%
Sale Condition Sale Leaseback
Property Type Flex
Property Subtype
Light Distribution
  • General Retail Fast Food
  • General Retail Restaurant
  • General Retail Storefront
Building Class C
Lot Size 0.64 AC
Rentable Building Area 2,200 SF
No. Stories 1
Year Built/Renovated 1958/2022
Tenancy Single
Zoning commercial - Commercial corner lot, on Busy Rt 9

AMENITIES

  • Restaurant
  • Signage
  • Air Conditioning
  • Smoke Detector

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Asian Wok
  • Accommodation and Food Services
  • -
  • -
  • Oct 2027
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Asian Wok Accommodation and Food Services - - Oct 2027

LINKS

1 1

PROPERTY TAXES

Parcel Number 33-00013-0000-00028-05 Improvements Assessment $148,721 CAD (2025)
Land Assessment $119,370 CAD (2025) Total Assessment $268,090 CAD (2025)

PROPERTY TAXES

Parcel Number
33-00013-0000-00028-05
Land Assessment
$119,370 CAD (2025)
Improvements Assessment
$148,721 CAD (2025)
Total Assessment
$268,090 CAD (2025)
(732) 773-0384

Still interested?

Contact the broker for more information about this property

CONTACT

  • Jessica DiFrancia
    Jessica DiFrancia

  • Listing ID: 33203589

  • Date on Market: 2024-09-17

  • Last Updated:

  • Address: 111 Lakeside Dr, Tuckerton, NJ 08087

The Flex Property at 111 Lakeside Dr, Tuckerton, NJ 08087 is currently available for Sale. Contact Keller Williams Atlantic Shore for more information.

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Commercial property on the corner of Rt 9 | 111 Lakeside Dr
(732) 773-0384 x

Commercial property on the corner of Rt 9 | 111 Lakeside Dr

Jessica DiFrancia
(732) 773-0384

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