Seacourt Pavilion 635 Bay Ave

Investment Highlights

Rare Opportunity in Today's Market - 252,677 SF shopping center on ~26 acre in busy Toms River location Credit Anchor Tenancy - Marshalls, Home Goods, Ashley Furniture and DaVita Dialysis Most Visited Shopping Center in Ocean County, New Jersey - Seacourt Pavilion welcomes 1.3 million visitors annually (per Placer.ai) Tremendous Value-Add Opportunity Offered below replacement cost with 62% occupancy Heavily Trafficked Thoroughfare with +43,000 vehicles in AADT on Ocean County 571 and Hooper Avenue combined

Executive Summary

~80% OCCUPIED WITH NEW ANCHOR TENANCY & SEVERAL RECENT LEASE RENEWALS

• Sale Type    Investment
• Sale Condition    REO Sale
• Property Type    Retail
• Property Subtype    Retail
• Building Size    248,677
• Building Class    C
• Year Built    1989
• Percent Leased    79
• Tenancy    Multiple
• Building Height    2 Stories
• Building FAR    0.22
• Land Acres    25.67 AC

• Corner Lot