4403 E Black Horse Pike, Hamilton, NJ 08330
- Commercial real estate
- 45.07 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 4403 E Black Horse Pike
- Year built
- 1987
- Construction
- CONCRETE BLOCKS
- Lot size
- 45.07 lot acres
- Zone code
- DC
- Property type
- Commercial real estate
- APN
- 12 01135- 01-00010- 02
- APU
- 1201135010001002
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 17, 2023 | — | Lincoln National Life Insurance Com | Standard Insurance Company | Assignment Of Lease (leasehold Sale) | — |
| Sep 23, 2021 | — | Standard Insurance Company | Hamilton Mall Realty LLC | Assignment Of Lease (leasehold Sale) | — |
| Aug 24, 2021 | $1,641,194 | Micromost Holdings 5 LLC | Hamilton Mall Reality LLC | Special Warranty Deed | — |
| Aug 24, 2021 | — | Micromont Holdings 5 Company LLC | Hamilton Mall Realty LLC | Assignment Of Lease (leasehold Sale) | — |
| Aug 11, 2021 | $2,650,636 | Nadg Nnn Og LP | Hamilton Mall Realty LLC | Special Warranty Deed | — |
| Jul 22, 2019 | $25,000,000 | Hamilton Mall Realty LLC | Hamilton Mall LLC | Grant Deed · related | — |
| Jun 14, 2002 | — | Hamilton Mall LLC | Hamilton Associates | Quit Claim Deed · related | — |
| — | — | Hamilton Mall LLC | — | Deed Of Trust · related | $110M · Citibank NA |
Description
This Hamilton, NJ shopping center offers a compelling investment opportunity. The 107,183 square foot property boasts an 88.8% occupancy rate and a strong Net Operating Income (NOI) of $1,051,678. Tenants include internet-resistant businesses like Planet Fitness, Get Air, and DaVita Dialysis, ensuring relative tenant stability with lease expirations ranging from 2026 to 2029. The weighted average lease term is 5.32 years. A significant value-add opportunity exists with approximately 12,000 square feet (11% of the gross leasable area) currently available for lease, presenting potential for NOI growth. Strategically located on a 10.41-acre lot, this property enjoys a prime pad location adjacent to the Hamilton Mall (428,996 SF) and is surrounded by major national retailers such as Walmart, Target, Hobby Lobby, Macy's, H&M, Kohl's, Burlington, BJ's, ULTA, and Dick's. Its proximity to Atlantic City, a major tourist destination, further enhances its appeal. The property is situated at 4403 E Black Horse Pike, Hamilton, NJ 08330, in Atlantic County. This NNN leased multi-tenant shopping center presents a rare opportunity for long-term growth and income generation.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $520,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Mays Landing
- County
- Atlantic
- State
- New Jersey
- Longitude
- -74.6439
- Latitude
- 39.4538
- CBSA code
- 12100
- CBSA name
- ATLANTIC CITY, NJ METROPOLITAN STATISTICAL AREA
