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Auction-Short Sale | Tilton Vistas-$481K NOI 323 S Pitney Rd 48 828 pi² 100% Loué Bureau Immeuble Galloway Township, NJ 08205 2 068 395 $ CAD (42,36 $ CAD/pi²)

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FAITS SAILLANTS DE L'INVESTISSEMENT

STARTING BID $1,500,000 | Tilton Vistas | $481K NOI | Fitness and Medical Tenants | AUCTION NOVEMBER 17-19
Diversified Tenant Mix: Anchored by Atilis Gym (±28,500 SF), complemented by Five Star Swim School, Strive Physical Therapy, Accent Aesthetics
Excellent Visibility & Access: Prominent frontage along E. Jimmie Leeds Road (±15,471 VPD) with cross-access easements providing multiple ingress/egre

48,828 SF Fitness & Medical Center | 100% Leased: 2008 construction situated on 4.57 acres with 224 parking spaces, occupied by five tenants.
Prime South Jersey Location: Strategically positioned 10–20 miles from Atlantic City and major shore towns, 60 miles from Philadelphia, and 100 miles

RÉSUMÉ DE L'ANNONCE

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.

Tilton Vistas - Galloway, NJ - Auction 2025