1413 Cantillon Blvd Mays Landing, NJ 08330-2058
This fee-simple office building, located at 1413 Cantillon Blvd in Hamilton, New Jersey, presents a compelling investment opportunity. The 12,000-square-foot property sits on a 2.02-acre lot and boasts 54 parking spaces. Currently 100% occupied by Cape Atlantic INK, a publicly funded non-profit organization, under a single-tenant lease with a remaining term of 8.1 years, expiring December 31, 2032. The lease features a built-in 3% annual rent increase, ensuring consistent income growth. Built in 1990, this one-story building offers a strong net operating income (NOI) of $162,699, resulting in an attractive 9% capitalization rate. The asking price is $1,810,000, translating to $151 per square foot. The property enjoys a prime location within the Hamilton Business Park, near major roadways including Route 40, Route 322, and Interstate 195 (Atlantic City Expressway), and is conveniently situated near Atlantic City Airport, Stockton University, and the resort towns of Atlantic City and Ocean City. Neighboring businesses include Pepsi Bottling Company and Stroehmann Bakeries. This is an exceptional opportunity to acquire a stable, income-producing asset with significant long-term potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
IBP · Mays Landing, NJCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.