Main Street (Office) Toms River, NJ 08753


[metaslider id=1048]

Asset Type Commercial
Starting Bid $1,250,000
Bid Deposit Amount $10,000
Property Main Street (Office)
Property Description A 35,660 SF Bank Building in Toms River, NJ
Square Footage 35,660
Net Rentable Area 35,660
Lot Size (acres) 2.73
Year Built 1910
Occupancy 100.0({13dda1d77f96bc4e01ab58573f90526d30fd6d90710a0f0937fcfa918c15c232})
Occupancy As of Date 10/01/2015
Buyer’s Premium 5{13dda1d77f96bc4e01ab58573f90526d30fd6d90710a0f0937fcfa918c15c232} of Winning Bid Amount (A minimum of $10,000 will apply)

INVESTMENT-GRADE TENANT: Wells Fargo Bank, N.A. (S&P: AA-) is the primary U.S. operating subsidiary of Wells Fargo & Co., a financial services firm that produces more than $84.8 billion in annual revenues, has over $1.72 trillion in assets, and operates more than 8,700 branches.

LONG-TERM LEASE: 100{13dda1d77f96bc4e01ab58573f90526d30fd6d90710a0f0937fcfa918c15c232} leased to Wells Fargo until 9/30/2024

MARKET: The property is well positioned in the heart of Downtown Toms River, one of the most diverse and dynamic downtown areas in the region

DOMINANT RETAIL, COMMERCIAL & RESIDENTIAL CORRIDOR: Approximately 4.7 million square feet of retail, 2 million square feet of office and 2.4 million square feet of multifamily within a 3-mile radius

DYNAMIC DEMOGRAPHICS: 3-mile population and average household income of 65,083 and $78,165, respectively

HEALTHY DEPOSITS: Solid deposits in excess of $45.2 million


Auction Starts 01/25/2016

Auction Ends 01/27/2016

Property Details
  • Property Type: Land
  • Furnishing: Not Applicable
  • Tenure: Not Applicable
Property Features
Send An Inquiry To The Agent
Go to Top