200 Main #2nd Floor Fort Lee, NJ 07024

Listing Agency PROPER ESTATES, INC. Show Phone

Listed by BRIAN KIM

Source Corcoran

Added: Feb 25 Checked: Jul 19 at 4:32 am

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Investment Insights

Based on property information with market context.

This is a key money investment opportunity with current tenants operating a hair salon with a lash lab in a portion of the space. The property offers the opportunity to take over the lease with minimal lease payments due to existing subtenants. This cash-flowing investment features an established business already in place. The property is currently occupied by a primary tenant with multiple subtenants, creating a built-in income structure that helps offset rent and operating expenses. This setup offers minimal out-of-pocket rent payments, making it an option for investors seeking lower risk, immediate cash flow, and reduced vacancy exposure. With existing occupancy and sublease agreements, this investment allows a new owner to step in without the challenges of lease-up or business startup.

Key Highlights

• Cash‑flowing key money investment with established hair salon and lash lab tenants.
• Built‑in income structure from primary and subtenants offsetting rent and operating expenses.
• Minimal out‑of‑pocket rent payments due to existing sublease agreements.

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FAQs

What type of property is this?

Retail space - Key money investment with tenants in place for immediate cashflow.

Where is this retail space located?

The property is located at 200 Main #2nd Floor Fort Lee, NJ.

What is the asking price?

The asking price for this property is $125,000.

What are key features of this property?

This property features: Cash‑flowing key money investment with established hair salon and lash lab tenants.; Built‑in income structure from primary and subtenants offsetting rent and operating expenses.; Minimal out‑of‑pocket rent payments due to existing sublease agreements.