3400 Boardwalk, Wildwood, NJ 08260
sale
$2,299,000
|
Retail
Courtesy Of DON MARTIN REALTY, INC.
3400 Boardwalk is located in an area that could be described as the Times Square of the Wildwood Boardwalk, directly across from Mariner s Pier. The property offers exceptional exposure with 30.9 feet of direct boardwalk frontage and an additional 54.3 feet along Cedar Avenue Boardwalk. The main draw to this investment is the $140,000 NNN lease, which expires in 2027 and includes a five-year extension option. The property was formerly home to Harry s Corner and is now occupied by Wally s Restaurant. The unit also features the iconic Coca-Cola sign, a well-known landmark on the boardwalk that generates an additional $15,000 in annual income through a lease agreement with Coca-Cola. At the asking price and under the current lease terms with the tenant and Coca-Cola, the property offers an investor a 6.74% return. Additionally, Unit 3J is available for $714,000 and generates $50,000 in annual rental income under the same lease terms with the same tenant, resulting in a 7% cap rate.
Read More About This Property
Read Less About This Property
Copyright © 2025 Cape May County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Architecture Style: Other
- Building Units: 1
- Cooling System: Central Air
- Cooling System: Wall Unit(s)
- Floors: 2
- MLSID: 253062
Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
You may also be interested in...
sale
$2,199,900
Other
4211 Ocean
Wildwood, NJ 08260
Building: 5,144 sq. ft.
Courtesy Of Shore Points Realty
sale
$2,100,000
Other
3101 New Jersey
Wildwood, NJ 08260
Courtesy Of Weichert Realtors, Coastal
sale
$2,000,000
Mixed Use
100 E 24th
North Wildwood, NJ 08260
Building: 4,000 sq. ft.
Courtesy Of PRUDENTIAL FOX & ROACH - Sea Isle City