1302 Monmouth Rd 5,500 SF 89% Leased Retail Building Mount Holly, NJ 08060 $3,537,411 CAD ($643.17 CAD/SF)
EXECUTIVE SUMMARY
This restaurant, along with its attached strip mall, is seeking only its second owner! Situated in the rapidly growing Burlington County, this prime location is highly sought after. The establishment features a spacious restaurant, office space, a liquor license, a banquet/whiskey lounge, and four rented store fronts. This rare opportunity requires swift action! The restaurant boasts a fully equipped commercial kitchen with walk-in refrigerators, pizza ovens, and other top-notch appliances, ready to serve up delicious meals. The space is impeccably maintained, featuring stylish furniture and recently renovated bathrooms. It can seat 99 patrons and offers a charming outdoor seating area. For private events, the banquet room is perfect, doubling as a whiskey bar on select evenings. All four store fronts are fully leased, with lease details available upon request. This is a turn-key opportunity in a thriving area!
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,500 SF
Building Class
C
Year Built
1960
Price
$3,537,411 CAD
Price Per SF
$643.17 CAD
Percent Leased
89%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.22
Lot Size
0.57 AC
Zoning
TCD - TCO – Town Commercial/Office District
Parking
30 Spaces (5.45 Spaces per 1,000 SF Leased)
Frontage
117’ on Monmouth Rd
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
This well established Salon and Spa is looking for its new owner! This salon comes fully furnished and ready to go and is currently listed for $85,000. A full list of equipment and product can be provided. This salon is in a very busy strip center that sees lots of traffic and is very visible from two major road ways. There is a five year lease in place to keep costs low! Why invest in a salon suite when you can have a full business at your finger tips! Buyer to do their due diligence on the square footage of the salon and leasing terms of the space. A list of all equipment and product can be provided as well as a copy of the lease agreement which would be taken over by the new buyer.
| Space | Size | Space Use | Position | Available |
| 4 | 1,000 SF | Retail | - | Now |
4
| Size |
| 1,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
PROPERTY TAXES
| Parcel Number | 11-00600-0000-00007-01 | Improvements Assessment | $715,593 CAD |
| Land Assessment | $204,887 CAD | Total Assessment | $920,480 CAD |
