Anchored Neighborhood Retail
For Sale
Contact for pricing
2500 Delaware Ave, Wildwood, NJ 08260
Multi-tenant retail center anchored by CVS and includes Family Dollar, plus two additional in-line operators.
Property SizeContact for details
Days on Market121
Property Features for 2500 Delaware Ave
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Multi
Listing Agency:
Graystone Capital Advisors
Listed By:
Lawrence Gariano · License #NJ 0790741
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 12:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Graystone Capital Advisors
Investment Insights
Based on property information with market context.
This anchored neighborhood retail center at 2500 Delaware Avenue includes a CVS tenant that has occupied the property since 1979, along with Family Dollar. The remaining space is occupied by Sunrise Nail Salon and Marvis Bagels, which together make up the balance of the rentable building square footage. Both Family Dollar and the CVS lease their space on a triple-net basis with corporate guarantees, with additional lease details referenced in the rent roll. Marvis Bagels occupies additional space and pays base rent that is below the weighted average base rent for the balance of the building, creating a stated mark-to-market opportunity.
The property is part of The Wildwoods in Cape May County and is described as one of the only parcels zoned for large-format retail in the municipality. The adjacent parcel is occupied by Acme Markets, which is the sole tenant/occupant there and pays ownership $5,100 per month for a license to access the subject property’s ingress, egress, throughways, and an unspecified amount of parking spaces. The Acme parcel includes 162 parking spaces.
The property is part of The Wildwoods in Cape May County and is described as one of the only parcels zoned for large-format retail in the municipality. The adjacent parcel is occupied by Acme Markets, which is the sole tenant/occupant there and pays ownership $5,100 per month for a license to access the subject property’s ingress, egress, throughways, and an unspecified amount of parking spaces. The Acme parcel includes 162 parking spaces.
Key Highlights
- Multi‑tenant retail center at 2500 Delaware Avenue in North Wildwood, NJ, part of The Wildwoods coastal resort area.
- Anchored by a CVS tenant since 1979, plus Family Dollar, with Sunrise Nail Salon and Marvis Bagels occupying remaining space.
- Tenants lease on a NN basis with corporate guarantees; includes CVS, Family Dollar, Sunrise Nail Salon, and Marvis Bagels (per rent roll).
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
814
Businesses Nearby
28k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 58%
Shops & Services 42%
ACME Markets
Groceries
12,393 visits/mo
0.1 miles
Wawa
Shops & Services
11,860 visits/mo
0.5 miles
Owens
Groceries
3,777 visits/mo
0.5 miles
Demographics for 08260, NJ
12,964
Population
23,076
Households
0.6
Avg Household Size
53
Median Age
28%
College-Educated
93%
High-School Grad
15.9 sq mi
ZIP Area
815
Density / Sq Mi
$71,549
Median Household Income
$40,361
Median Earnings
$1,182
Median Rent
$441,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Shopping center - Multi-tenant retail center anchored by CVS and includes Family Dollar, plus two additional in-line operators.
Where is this shopping center located?
The property is located at 2500 Delaware Ave Wildwood, NJ.
What are key features of this property?
This property features: Multi‑tenant retail center at 2500 Delaware Avenue in North Wildwood, NJ, part of The Wildwoods coastal resort area.; Anchored by a CVS tenant since 1979, plus Family Dollar, with Sunrise Nail Salon and Marvis Bagels occupying remaining space.; Tenants lease on a NN basis with corporate guarantees; includes CVS, Family Dollar, Sunrise Nail Salon, and Marvis Bagels (per rent roll).
