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1302 Monmouth Rd

5,500 SF 89% Leased Retail Building Mount Holly, NJ 08060 $2,550,000 ($464/SF)

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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

Year Built

1960

Price

$2,550,000

Price Per SF

$464

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 FT on Monmouth Rd

Space Availability

4
1,000 SF
Retail
-
Now

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.