124 US Highway 206
Augusta, NJ 07822

CBRE’s Investment Properties team is pleased to present Double S Smokehouse, a single tenant net leased restaurant located at 124 U.S. Highway 206, Augusta, Sussex County, New Jersey. The 3,000+/- square foot 2 story building rests on 1.7 acres and has parking for 37 vehicles. The property has continuously operated as a restaurant since 1982 with the current tenant occupying the building since 2016. Double S Smokehouse (www.doublessmokehouse.com) specializes in BBQ cuisine and operates a second location in Warwick, NY. They have two years remaining on a modified net lease and there is upside in writing an absolute net lease for the current or new tenant upon expiration. A new triple net lease would also limit landlord responsibility. Pride of ownership is evident as the property is extremely well maintained by both the owner and tenant. Investors and owner occupiers seeking cash flowing property with future upside should consider adding 124 U.S. Highway 206 to their portfolio.