329 Jimmie Leeds Rd Galloway, NJ 08205-4110

Property Details for 329 Jimmie Leeds Rd

Year built

1985

Lot size

1.03 lot acres

Zone code

CVC

Property type

Commercial real estate

APN

11 00985-0000-00003- 02

APU

110098500000000302

Description

This exceptional Class A office building presents a compelling investment opportunity in Galloway, New Jersey. Located at 329 E Jimmie Leeds Rd, 08205, this meticulously maintained property boasts 10,000 square feet across two stories within a single building constructed in 2006. The building currently enjoys a 90% occupancy rate with nine tenants occupying the ten available units. This stabilized investment, classified as a value-add opportunity, offers significant potential for future growth. The asking price is $1,500,000, translating to a price per square foot of $150. The property's prime location in the heart of Galloway Township's central business district provides excellent visibility and accessibility. Its proximity to Atlanticare Mainland Regional Hospital and Stockton University further enhances its desirability and potential for sustained rental income. The building is categorized as a traditional office space, suitable for a variety of professional uses. This owner-occupy opportunity is ideal for investors seeking a strong return on investment or businesses looking to expand their operations into a high-quality, well-located space. The property's strong tenancy and excellent condition make it a truly attractive proposition in the competitive New Jersey commercial real estate market. This is a rare opportunity to acquire a well-maintained, high-quality office building in a thriving location.