2814 NJ-35

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2814 NJ-35

Hazlet, NJ 07730
Asking Price
$2.70M
Cap Rate
5.75%
Asset Type
QSR/Fast Food Retail
Class
Class B

What's Special

BRAND NEW 15-YEAR NNN GROUND LEASE | HIGHLY AFFLUENT TRADE AREA | 10% INCREASES EVERY 5 YEARS <ul><li>​LONG-TERM NNN GROUND LEASE WITH RENTAL INCREASES - 7 Brew operates on a new 15-year triple-net ground lease, providing stable, long-term cash flow. The leases include 10% rent increases every five years, offering built-in income growth and the triple-net (NNN) structure provides a passive, management free investment that is attractive to investors seeking predictable returns.</li><li>​PRIME SIGNALIZED CORNER LOCATION WITH HIGH TRAFFIC EXPOSURE - 7 Brew is strategically positioned at the

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NOI
$80,000
Cap Rate
2.97%
DSCR
0.50
Underwater
Cash-on-Cash
-9.90%
Monthly Payment
$13,338.337
Annual Cash Flow
$-80,060.044

Location & Travel Times