192 E Main St. Manasquan, NJ 08736
Commercial-Other
MLS #: N/A
Listed By CENTURY 21 Thomson & Co
1 711
Property InformationDescription
INVESTMENT HIGHLIGHTS Highly desired location A trusted and well-established tenant with triple-net lease EXECUTIVE SUMMARY Investment Opportunity in Manasquan, NJ! Building ONLY For Sale. Prime commercial building with a secure tenant in Manasquan, NJ. Located in a high-traffic area, this property boasts a 10-year triple net lease with 7-Eleven, a trusted and well-established tenant. Perfectly positioned for long-term appreciation and profitability, this is an opportunity to invest in a property with a 7%+ capitalization rate. PROPERTY FACTS Sale Type Investment NNN Property Type Retail Property Subtype Convenience Store Building Size 2,899 SF Building Class B Year Built 1960 Price $1,100,000 Price Per SF $379 Cap Rate 7.09% NOI $78,000 Tenancy Single Building Height 1 Story Building FAR 0.30 Land Acres 0.22 AC Zoning B-1 Parking 20 Spaces (6.9 Spaces per 1,000 SF Leased) Frontage 118 FT on E Main St
Features
- Cross Docks: N
- For Auction: N
- Net Operating Income: 78000.00
- Parking Places: 20
- Price Upon Request: N
- Property Use: Rental or Investment
- Style: Other Style
- Sublease: N
- Year Built: 1960
