15 West Jersey Ave Pleasantville, NJ 08232
- Retail properties
- 6,500 SF
Current Use by Public Records
- Retail properties
Property Details for 15 West Jersey Ave
- Year built
- 2000
- Property size
- 6,500 SF
- Property type
- Retail properties
- Property subtype
- Banks
Description
This exceptional investment opportunity presents a 6,500 square foot freestanding bank building located at 15 W West Jersey Avenue in Pleasantville, New Jersey. The property, built in 2000, is offered at $1,999,000 and includes the fee simple interest (land and building). The single-tenant building boasts a well-maintained structure with significant capital improvements completed within the last 3-5 years. A key feature is the inclusion of a two-lane drive-thru, enhancing operational efficiency. This offering presents a compelling sale-leaseback opportunity, featuring a new 10-year lease with multiple options. The property benefits from its strategic location within Atlantic County's Urban Enterprise Zone. The current tenant, First Harvest Credit Union, is a prominent financial institution, ranking as the fifth largest credit union in New Jersey and the 747th largest nationally. Established in 1940, it currently employs 128 people and serves over 42,005 members across eight locations. The property includes ample parking with 40 spaces. Seller financing is available for qualified buyers. Detailed financial information is available upon execution of a non-disclosure agreement.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pleasantville
- County
- Atlantic
- State
- New Jersey
- Longitude
- -74.5246
- Latitude
- 39.3909
