Listing Agency: GRACE PROPERTIES

Listed By: SHELDON GRACE · License #SB-8338487 Show Phone

Source: Exprealty

Added: Jul 3 Changed: Sep 2 Last Checked: Sep 4 at 1:51PM

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Investment Insights

Based on property information with market context.

This is a turn-key restaurant offering with all equipment included with the lease, ready for operation upon takeover. The tenant is responsible for expenses including property tax and utilities such as water, sewer, electric, and gas, as well as insurance.

The property is located at 1-136 New Jersey Ave in Absecon, NJ. For full details on the lease terms and the stated lease purchase structure, contact the listing agent.

Key Highlights

• Lease purchase terms: $200,000 down with $10,000 rent per month
• Tenant pays all expenses including taxes, water, sewer, electric, gas, and insurance
• Turn‑key operation with all equipment included with the lease

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Parts Store Hair Salon Auto Repair Shop Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

425

Businesses Nearby

27k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 41% Shops & Services 36% Apparel 19% Hotels & Casinos 4%

Burger King Dining

10,864 visits/mo 0.5 miles

Bank of America Shops & Services

5,777 visits/mo 0.3 miles

DTLR/VILLA Apparel

5,163 visits/mo 0.4 miles

Jiffy Lube Shops & Services

1,573 visits/mo 0.1 miles

Enterprise Rent-A-Car Shops & Services

1,167 visits/mo 0.2 miles

Demographics for 08201, NJ

10,647

Population

4,286

Households

2.5

Avg Household Size

44

Median Age

32%

College-Educated

95%

High-School Grad

5.7 sq mi

ZIP Area

1,868

Density / Sq Mi

$72,120

Median Household Income

$40,160

Median Earnings

$1,818

Median Rent

$237,100

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this conventional restaurants located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Turn-key restaurant space with all equipment included; tenant pays taxes, utilities, and insurance.

Where is this conventional restaurant located?

The property is located at 1-136 New Jersey Ave Absecon, NJ.

What is the lease rate?

The lease rate is $10,000/Mo.

What are key features of this property?

This property features: Lease purchase terms: $200,000 down with $10,000 rent per month; Tenant pays all expenses including taxes, water, sewer, electric, gas, and insurance; Turn‑key operation with all equipment included with the lease