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Property profile & analytics
OFF-MARKET
Commercial real estate

0 Passaic County Passaic County, NJ 00000

1,100 SF Built 2019
Property ID
No photo on file
Map unavailable
Property summary
AI-generated overview

This thriving bagel shop, located in Passaic County, New Jersey, presents a fantastic investment opportunity. The 1,100-square-foot space, built in 2019, is situated on a state highway with over 60,000 cars passing daily, ensuring high visibility and consistent customer traffic. Currently operating as a fully equipped and operational bagel shop, the business boasts seating for twelve guests and caters to both dine-in and off-premise orders. Open seven days a week, it serves breakfast and lunch, establishing itself as a neighborhood favorite over its 4.5-year history. The gross lease agreement has a remaining term of 8.1 years, expiring January 1, 2033. The asking price is $148,000, translating to $134.55 per square foot. The property's commercial zoning allows for continued operation of the existing business or potential for expansion. Strong morning and evening demographics contribute to the business's consistent success, offering significant upside potential for a new owner. This is a turnkey operation with a proven track record, ready for immediate income generation. The single-unit property is privately owned and presents a value-add investment opportunity within an active business environment. Don't miss this chance to acquire a well-established and profitable business in a prime location.

Property profile
Verified
Property type Commercial real estate
Year built 2019
Total area 1,100 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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