714 Main St
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714 Main St
3,600 SF 100% Leased Retail Building Bradley Beach, NJ 07720 $2,299,000 ($639/SF) 5% Cap Rate
Investment Highlights
- Newly Renovated. Turn Key Tenants in place
- Off Street Parking and backyard outdoor space
- Heavy Foot Traffic
Executive Summary
Unlock the gateway to prime investment with this exclusive chance to claim ownership of approximately one-third of Bradley Beach's bustling block! This premier portfolio comprises four impeccably renovated storefronts. Among them, a cozy coffee haven, a delectable ice cream parlor, a trendy tattoo studio, and a vibrant brewery boasting an enticing backyard oasis. Elevate your vision with the potential for expansion above these establishments up to 40 ft high. Positioned in a hotspot of constant foot traffic, these turnkey units promise immediate returns on investment. Lease agreements and financial insights are readily available upon inquiry, ensuring a seamless transition into this lucrative venture. Onsite parking for min 6 cars, outdoor space this is the perfect turnkey investment.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Building Size
3,600 SF
Building Class
C
Year Built
1920
Price
$2,299,000
Price Per SF
$639
Cap Rate
5%
NOI
$114,950
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Parking
6 Spaces (1.67 Spaces per 1,000 SF Leased)
Frontage
31 FT on Main St
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Bradley Brew Project
- Accommodation and Food Services
- -
- -
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Bradley Brew Project | Accommodation and Food Services | - | - | - |
Walk Score ®
Very Walkable (88)
Bike Score ®
Very Bikeable (81)
Nearby Major Retailers
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714 Main St
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