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3000 Pacific Avenue
Wildwood, NJ 08260
Asking Price
$1.79M
Cap Rate
5%
Asset Type
Storefront Retail
Class
Class B
What's Special
Retail | 13,555 SqFt <ul><li>Strong in-place tenancy with leased retail spaces occupied by established local businesses</li><li>Situated within the Wildwood Redevelopment Zone, creating potential eligibility for redevelopment incentives, tax advantages, and long-term appreciation upside.</li><li>Approximately 4,800 SF of commercial/retail space plus additional detached garage and second-floor storage/use area. </li><li>Rear parking area increases tenant usability and commercial functionality.</li></ul><p></p><p
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NOI
$80,000
Cap Rate
4.47%
DSCR
0.75
Underwater
Cash-on-Cash
-4.90%
Monthly Payment
$8,860.055
Annual Cash Flow
$-26,320.656
