3,760 SqFt
3,760 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 3,760 sqft
Price per Sqft $265
Subdivision Jackson Twp
MLS Listing ID 22634978
Property Sub-Type Business
Source MOREMLS (Monmouth Ocean Regional REALTORS®)
Property Description
One of the most attractive aspects of this opportunity is the favorable long-term lease structure. The current lease commenced July 1, 2024, with a 10-year initial term extending through July 1, 2034. The lease provides for no base-rent increases during the initial 10-year term, along with two additional five-year renewal options. Renewal-period increases are structured at 4% annually on base rent, according to the seller-provided lease information. This offers a prospective buyer valuable occupancy stability and long-term operating potential.
Family-owned and operated at this location since 2004, this established restaurant presents an exciting opportunity for a new owner to continue its legacy, build upon its existing customer base, and explore additional growth opportunities through dining, private events, catering, and takeout services.
Whether you are an experienced restaurateur looking to expand your portfolio or an entrepreneur seeking an established operation with significant potential, this is an opportunity worth exploring.
Business identity and additional details will be provided to qualified prospective purchasers upon request. All financial, operational, and lease information is subject to buyer verification and due diligence.
Location
State NJ
County Ocean
Area Jackson Twnsp
Building/Complex Name Jackson Twp
Direction I 95 to I 195 to rt 33 to rt 9
Interior
Heating Forced Air, See Remarks
Flooring Tile, Wood
Fireplaces Number 2004
Inclusions Business Name
Exterior
Exterior Feature Display Window, Lighting
Parking Features Paver Block
Roof Type A-Frame
Private Pool No
Building
Sewer Septic Tank
Water Well
Structure Type Display Window,Lighting
New Construction No
Others
HOA Fee Include Trash,Common Area,Snow Removal,Heat,Exterior Maintenance
Senior Community No
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