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MJ's Bar & Grill - 1005 NJ-35, Middletown Township, NJ

Property Details

  • Price :

  • Square Feet :

  • Cap Rate :

  • $2,589,000

  • 4,200

  • 7.33%

  • NOI :

  • Acres :

  • $153,176

  • 1.38

  • Property Type :

  • Property Status :

  • Net Lease

  • Available

Investment Highlights

  • MJ's Restaurant Bar & Grill Located on Route 35 Middletown, Monmouth County, New Jersey
  • Rare Opportunity to Purchase Real Estate With Liquor License (License With Promissory Note With 19 Years Remaining, Then License Reverts Back to Owner)
  • NNN Lease – Zero Landlord Responsibility
  • Tenant Recently Signed a New 20 Year Lease Showing Commitment to the Space
  • MJ's has 8 Locations in Central New Jersey, and is Continuing to Expand
  • Conveniently Located on the Highly Traveled Route 35 Just 10 Minutes From Downtown Red Bank and 15 Minutes From the Monmouth Mall
  • Great Demographics – Population Just Under 50,000 People Within a 5 Mile Radius and an Average Household Income Above $170,000 Within a 3 Mile Radius
  • Nearby National Tenants Include CVS, McDonald's, T.J. Maxx, Bed Bath & Beyond, AT&T, 7-Eleven, Dunkin', Bank of America, Sonic, and More

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