33 Collings Ave Collingswood, NJ 08108-3730

This exceptional investment opportunity presents a 2,500 square foot retail building located at 33 Collings Avenue in Collingswood, New Jersey. The property sits on a 0.21-acre lot and includes a private parking lot, adding significant value and convenience for both the tenant and potential future occupants. Currently, the building is occupied by a tenant under a long-term lease agreement. This lease boasts a five-year initial term with a built-in five-year renewal option, providing exceptional stability and predictable income. Furthermore, the lease incorporates annual rent increases, ensuring consistent growth in rental revenue over time. The building itself is in excellent condition, minimizing potential maintenance expenses and maximizing the return on investment. Adding to the security of this investment, the tenant has provided a personal guarantee, further mitigating risk for the property owner. This turnkey investment offers a compelling blend of strong tenant occupancy, a favorable lease structure, and a well-maintained property, making it an ideal addition to any portfolio seeking stable, long-term income generation. The asking price for this exceptional opportunity is $899,000.