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34333072
34333073

4 BETHEL RD SOMERS POINT NJ 08244, SOMERS POINT, NJ 08244 For Sale

$549,000
8 days on market
Updated 8 days ago

PRIME LOCATION- SOMERS POINT, NEW JERSEY

Details
Property Type Retail, Mixed Use
Sub Type QSR/Fast Food, Restaurant
Cap Rate 6.13%
NOI $33,662
Occupancy 100%
Tenancy Single
Lease Type NN
Lease Expiration 04/01/2031
Remaining Term 5
Rent Bumps Yes
Year Built 2006
Buildings 1
Parking Spaces 11 spaces
Lease Commencement 04/01/2021
Ground Lease No

Retail | 6.13% CAP

Investment highlights

Excellent opportunity to own a fully leased investment property that houses Shen’s Sushi & Ramen House. Located in the heart of Somers Point, this property is on a highly visible four-way intersection. The property is being offered for sale at $549,000 and includes the building only—the business is not for sale. A strong, established tenant has successfully operated at this location for the past five years and has recently exercised an additional five-year lease option, providing immediate, stable rental income for an investor. The building offers more than just the restaurant space. The second floor features a spacious office, while the full basement is equal in size to the restaurant’s dining room and kitchen, and it's currently housing 2 large walk-in refrigeration boxes, an ice machine, 2 electrical panels, and abundant storage, adding exceptional functionality and long-term value. Whether you’re looking to expand your investment portfolio or complete a 1031 exchange, this is a rare opportunity to own a well-maintained, income-producing commercial property with a reliable long-term tenant in a desirable location. Call 609-346-4782 today for more information.

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$33,662.16
$2,805.18/mo

Valuation Metrics

0
DSCR
6.13%
Cap Rate
6.13%
ROI

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Additional Information

Name
LPT Realty
License
969624
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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