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INVESTMENT HIGHLIGHTS
THE ASSET: Fischer Court is a single-story 15,080 square foot retail plaza on a 1.59-acre parcel of land. The Property offers outstanding frontage and visibility and is well parked. The Property is home to eleven (11) tenants that serve the needs of the area residents. Two tenants have month-to-month leases, and the remainder have structured leases, the majority of which have scheduled rental increases in the base term or renewal options.
STRATEGIC RETAIL LOCATION: The Property is well-located along Fischer Boulevard, one of the area’s primary commercial and commuter corridors and enjoys outstanding visibility and frontage. The Property is convenient to Hooper Avenue, Bay Avenue and NJ Route 37. The Property is seconds from Silver Bay and the Silver Bay marina and caters to area residents located along the eastern edge of Toms River. Fischer Court is 1.6-miles from Ocean County College, close to several area public schools, 2.5-miles from the Ocean County Mall, a 790,000+ square foot super regional mall with more than 100 retailers and restaurants, and 6.5-miles from the Jersey Shore.
TRADE AREA: Additional businesses, retailers and attractions driving traffic to the trade include the Ocean County Mall (with more than 100 stores and restaurants), Target, Lowe’s, Shop Rite, LA Fitness, Planet Fitness, DSW, Burlington, Marshalls, Home Goods, Michaels, PetSmart, Petco, Rite Aid, Dollar General, Dollar Tree, AutoZone, Chili’s, Olive Garden, Red Lobster, BJ’s Restaurant & Brewhouse, Chipotle, McDonald’s, 7-Eleven, and Wawa.
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