$499K I Recent Lease Extension I 5% Annual Increases
3 Miles From NJ Shore I 12 Miles From Atlantic City
Investment highlights
Passive Income —- Double Net Leased Restaurant with Minimal Responsibilities Located at the Heavily Trafficked Signalized Intersection of Bethel Road and Ocean Heights Avenue with More Than 37,500 Vehicles Passing Daily
Retail Corridor —- Subject Property is Surrounded by a Host of the Nation’s Most Successful Retailers Including CVS, Starbucks, Applebee’s, Wendy’s, Five Below, Staples, T-Mobil, and Many More
Shopping Center —- Strategically Located Across from Ocean Heights Plaza a 80,000 Square Foot Shopping Center Anchored by ShopRite which Attracts over 3 Millions Visitors Annually
Atlantic City —- Subject Property is Strategically Positioned within 12-Miles from Atlantic City Home to 9 Casinos Making it the Casino Capital of the East Coast
NJ Shore Location —- Situated Just 3 Miles from the New Jersey Shore Town of Ocean City Providing Steady Traffic Past the Site
Sound Demographics —- Situated in a Dense Area with Over 73,000 People Living Within a 5-Mile Radius with an Average Annual Household Income Exceeding $132,000 within a 3-Mile Radius
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