family fun center - package

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2276 Route 9 , Ocean View, NJ 08210 ENTERTAINMENT FACILITY FOR SALE mc772.yourkwoffice.com/ KW COMMERCIAL 1619 Walnut Street Philadelphia, PA 19103 ANDRE WATSON Director 610.637.4422 [email protected] DEVAN ROBERTS Associate Director 267.539.1944 [email protected] We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. PROPERTY OVERVIEW Commercial property and business for sale located 10 minutes West of Sea Isle City, New Jersey. Property owner also operates a Family Fun Center that generates over $100K in revenue. Family Fun center includes mini golf, batting cages, driving range, and video arcade. An onsite cell phone tower also provides an additional stream of revenue. This investment offers the opportunity to own large land parcel with great frontage and visibility from Route 9. Total lot size is approximately 32 acres. Property is Zoned R-3 and allows the potential for residential development. Price of $1.75 MM includes property and business. PROPERTY FEATURES Cash Flow Value Add Large Parcel Street Frontage Residential Development Potential SALE PRICE: $1,750,000 NOI: $120,000 LOT SIZE: 32.0 Acres BUILDING SIZE: 2,500 SF ZONING: R-3

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Page 1: Family Fun Center - Package

2276 Route 9 , Ocean View, NJ 08210

ENTERTAINMENT FACILITY FOR SALE

mc772.yourkwoffice.com/

KW COMMERCIAL

1619 Walnut Street

Philadelphia, PA 19103

ANDRE [email protected]

DEVAN ROBERTSAssociate [email protected]

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

PROPERTY OVERVIEWCommercial property and business for sale located 10 minutes Westof Sea Isle City, New Jersey. Property owner also operates a FamilyFun Center that generates over $100K in revenue. Family Fun centerincludes mini golf, batting cages, driving range, and video arcade. Anonsite cell phone tower also provides an additional stream ofrevenue. This investment offers the opportunity to own large landparcel with great frontage and visibility from Route 9. Total lot size isapproximately 32 acres. Property is Zoned R-3 and allows thepotential for residential development. Price of $1.75 MM includesproperty and business.

PROPERTY FEATURESCash Flow

Value Add

Large Parcel

Street Frontage

Residential Development Potential

SALE PRICE: $1,750,000

NOI: $120,000

LOT SIZE: 32.0 Acres

BUILDING SIZE: 2,500 SF

ZONING: R-3

Page 2: Family Fun Center - Package

mc772.yourkwoffice.com/

KW COMMERCIAL

1619 Walnut Street

Philadelphia, PA 19103

ANDRE [email protected]

DEVAN ROBERTSAssociate [email protected]

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

2276 Route 9 , Ocean View, NJ 08210

ENTERTAINMENT FACILITY FOR SALE

Page 3: Family Fun Center - Package

mc772.yourkwoffice.com/

KW COMMERCIAL

1619 Walnut Street

Philadelphia, PA 19103

ANDRE [email protected]

DEVAN ROBERTSAssociate [email protected]

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

2276 Route 9 , Ocean View, NJ 08210

ENTERTAINMENT FACILITY FOR SALE

Page 4: Family Fun Center - Package

mc772.yourkwoffice.com/

KW COMMERCIAL

1619 Walnut Street

Philadelphia, PA 19103

ANDRE [email protected]

DEVAN ROBERTSAssociate [email protected]

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

2276 Route 9 , Ocean View, NJ 08210

ENTERTAINMENT FACILITY FOR SALE

Page 5: Family Fun Center - Package

mc772.yourkwoffice.com/

KW COMMERCIAL

1619 Walnut Street

Philadelphia, PA 19103

ANDRE [email protected]

DEVAN ROBERTSAssociate [email protected]

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

2276 Route 9 , Ocean View, NJ 08210

ENTERTAINMENT FACILITY FOR SALE

Page 6: Family Fun Center - Package

mc772.yourkwoffice.com/

KW COMMERCIAL

1619 Walnut Street

Philadelphia, PA 19103

ANDRE [email protected]

DEVAN ROBERTSAssociate [email protected]

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

* Demographic data derived from 2010 US Census

2276 Route 9 , Ocean View, NJ 08210

ENTERTAINMENT FACILITY FOR SALE

ETHNICITY 1 MILE 5 MILES 10 MILES

% HISPANIC 4.5% 4.8% 5.1%

RACE 1 MILE 5 MILES 10 MILES

% WHITE 92.0% 93.0% 91.6%

% BLACK 1.3% 2.9% 4.4%

% ASIAN 0.0% 0.1% 0.7%

% HAWAIIAN 0.0% 0.0% 0.0%

% INDIAN 0.0% 0.1% 0.4%

% OTHER 2.2% 1.5% 1.1%

POPULATION 1 MILE 5 MILES 10 MILES

TOTAL POPULATION 550 12,522 40,764

MEDIAN AGE 42.7 46.1 45.4

MEDIAN AGE (MALE) 41.7 44.5 44.6

MEDIAN AGE (FEMALE) 43.5 47.4 46.0

HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES

TOTAL HOUSEHOLDS 202 5,118 17,208

# OF PERSONS PER HH 2.7 2.4 2.4

AVERAGE HH INCOME $88,278 $94,742 $88,701

AVERAGE HOUSE VALUE $614,018 $436,447