2503 New Jersey Ave North Wildwood, NJ 08260
- Retail properties
- 1,000 SF
Current Use by Public Records
- Retail properties
Property Details for 2503 New Jersey Ave
- Property size
- 1,000 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This thriving, 100% occupied convenience store and smoke shop is located at 2503 New Jersey Ave in North Wildwood, NJ, 08260. Boasting 1,000 square feet, this turnkey business offers a diverse product range including premium cigars, pipe tobacco, cigarettes, and smoking accessories, enhanced by a climate-controlled cigar room. The business enjoys a prime location on a busy thoroughfare, just blocks from the boardwalk, ensuring year-round customer traffic. Currently operating under a gross lease with five years remaining, the asking price is $89,900, representing a price per square foot of $89.90 and a 10% cap rate. The sale encompasses the business only
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- North Wildwood
- County
- Cape May
- State
- New Jersey
- Longitude
- -74.8095
- Latitude
- 38.9947