Unique and Worry-Free Landlord Investment Opportunity - ID # 1472

Middlesex, NJ (Middlesex County)

Unique and Worry-Free Landlord Investment Opportunity - ID # 1472

Rate/Sq. Ft.:N/A

Exp./Sq. Ft.:N/A

Min Space:3,462

Max Space:3,462

Year Built:N/A

Unique and Worry-Free Landlord Investment Opportunity - ID # 1472

Get Financing Save Print Share Valuation Report

Property Description

- Great landlord opportunity with 185-year lease

- Prominent restaurant for lease with street access, located as part of this sophisticated, downtown hotel.

- Located near shopping, universities, major corporations and NJ Transit

- Captive audience with hotel guests

- Restaurant is 3462 sqft., clean, modern and turnkey

- There is a current restaurant tenant that has 10-years remaining on their existing lease with 2 - 5 year options

- Rental income = $9953/mo. until October 2016 and then increases to $10,963/mo.

- Real estate tax abatement - 17-years remaining

- 8.5% annual ROI

Detailed Information

Building Status:
Triple Net Lease:
Lease Terms:
Asking $1,550,000 - 185 year lease

Listing Statistics for Premium Members

Ad#:1305055 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

JC Kapas Real Estate Company

Property Listed By:
JC Kapas Real Estate Company

J.C. Kapas Real Estate Company

Show Phone Number

View My Listings

Find out more...

Get more details about this business.

Similar Listings

Tint World

Franchise Opportunity
Capital Required: $95,000