325 Main St, Lacey Township, NJ 08734

This exceptional investment opportunity presents a 5,210 square foot Mavis Discount Tire located at 325 N Main St, Lacey Township, NJ 08734. The property sits on a 1.95-acre lot and boasts a strong 20-year NNN lease with 16.6 years remaining, providing significant long-term stability. The current annual net operating income (NOI) is $200,286, representing a compelling 5.25% cap rate. The lease commenced June 16, 2021, and expires June 29, 2041. Annual rent increases of 1.5% are built in, starting in year seven, and continue through six 5-year renewal options. The property's price per square foot is $732.24, reflecting its prime location and strong tenant. This is a turnkey investment with minimal landlord responsibilities, offering a secure and attractive return on investment. The property is 100% occupied by a well-established national brand, Mavis Discount Tire, minimizing vacancy risk. This presents a rare opportunity to acquire a high-performing, long-term NNN leased asset in a desirable location. The property's strong financials, coupled with the long-term lease and built-in rent increases, make this an ideal addition to any investment portfolio. The asking price for this exceptional property is $3,814,971.