601 Nj-72 Stafford Township, NJ 08050
- Commercial real estate
- 2,900 SF
Current Use by Public Records
- Commercial real estate
Property Details for 601 Nj-72
- Property size
- 2,900 SF
- Property type
- Commercial real estate
Description
This exceptional opportunity presents a thriving, turnkey pizza restaurant located at 601 NJ-72 in Stafford Township, New Jersey, 08050. Priced at $550,000, this single-story, 2,900 square foot establishment boasts a strong positive cash flow, with a Net Operating Income (NOI) of $295,316. The business operates under a gross lease, with 100% occupancy and ample parking for 40 vehicles. The property includes a 1,000 square foot trailer, incorporated into the existing lease. This is an owner/user investment opportunity with a proven track record. The current lease has eight years remaining, plus a five-year option. The restaurant enjoys a prime location in a high-traffic area, close to major roadways, shopping centers, and the beach, ensuring consistent customer flow. The asking price of $189.66 per square foot reflects the exceptional value and potential for continued growth. This is a rare chance to acquire a well-established, profitable business with significant upside. Seller financing is available, making this an even more attractive proposition for qualified buyers. The business is categorized as "Business Only" and is a single-unit operation.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Stafford Township
- County
- Ocean
- State
- New Jersey
- Longitude
- -74.2428
- Latitude
- 39.6817
