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.
Highlights
107,183 SF multi-tenant shopping center in Hamilton, NJ, with 88.8% occupancy and a $1,051,678 NOI.
NNN lease structure with a weighted average lease term of 5.32 years, featuring internet-resistant tenants like Planet Fitness, Get Air, and DaVita Dialysis.
Significant value-add opportunity with 12,000 SF (11% of GLA) available for lease.
Pad site location adjacent to the Hamilton Mall (428,996 SF) and surrounded by national retailers including Walmart, Target, and others.
Located just over 10 miles from Atlantic City, NJ.
The property is located at 4403 Black Horse Pike Hamilton, NJ.
What are key features of this property?
This property features: 107,183 SF multi-tenant shopping center in Hamilton, NJ, with 88.8% occupancy and a $1,051,678 NOI.; NNN lease structure with a weighted average lease term of 5.32 years, featuring internet-resistant tenants like Planet Fitness, Get Air, and DaVita Dialysis.; Significant value-add opportunity with 12,000 SF (11% of GLA) available for lease.
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Contacts
Daniel Kukes
Max Lippitt
Jason Greenspan
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Black Horse Pike Hamilton, NJ 08330
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4403 Black Horse Pike
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