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- LoopNet Team
984 Boardwalk
Ocean City, NJ 08226
Ocean City Boardwalk RESTAURANT Lease · Property For Lease
Highlights
- Heart of Ocean City Boardwalk
- Restaurant / Food Service Lease
PROPERTY FACTS
| Property Type | Retail | Year Built/Renovated | 1932/2012 |
| Property Subtype | Restaurant | Parking Ratio | 0.38/1,000 SF |
| Gross Leasable Area | 8,000 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 8,000 SF |
| Year Built/Renovated | 1932/2012 |
| Parking Ratio | 0.38/1,000 SF |
About the Property
Incredible rare opportunity for Commercial Lease in HEART OF OCEAN CITY'S BOARDWALK, next to the #1 Boardwalk destination of Playland's Castaway Cove. Property features approx 3200 sq ft restaurant/ food service space, approx 27 ft boardwalk frontage w/loading doc, backdoor delivery, 3 parking spots, plus side exit/entrance Existing tenant operates popular restaurant business & occupies 2 large commercial condos as 1 large unit. New tenant triple-net (NNN) lease is starts at $150K p/year for is 5 or 10 year term w/options to renew, ideally suited for any type of food/beverage-restaurant business. Lease includes optional use of existing older equipment. Depending on lease terms & tenant's fit-out needs, Landlord may be negotiable on cooperating with some Capex allowances. Currently property is tenant occupied w/operational business. Appointment for pre-qualified experienced prospective tenants must be coordinated in advance with listing agent. New lease is subject to tenant's vacancy upon lease expiration.
- Corner Lot
- Restaurant
- Security System
- Signage
- Tenant Controlled HVAC
- Waterfront
- Accent Lighting
- Air Conditioning
