Pending
1124 Highway 34
Aberdeen NJ, 07747
$1,530,000
$283.33 per sqft
Pending
5,400 sqft
Commercial
Built in 1975
Court Appointed Receiver Sale - Pursuant to Docket No: F-010863-23. Attention Investors... Check out this 5400 +/- sf retail building with three units - 1,635 sf pizzeria, 2,511 sf 7-11 convenience store, 1,254 currently vacant. The leases are long-term Triple-Net leases with the tenant responsible for all expenses including utilities, CAM, taxes, management fee on a tenant share basis. The initial lease term for the 7-11 is a 15 year lease with (2) successive options to extend the term five years. The lease term for the pizzeria is 10 year with (2) 5 year option extensions. The Burger Store lease is for 5 years with (3) options to extend the term five years. Great location - situated along Route 34 with good highway exposure. The zoning of the property is Highway Commercial (HC). Property sold strictly "AS IS, with all faults". Sale is subject to Court approval. Don't miss this opportunity. Invest in your future today!
NJMM2002160
MLSⓇ ID
January 2, 2024
Listed
February 21, 2025
Updated
Interior Features
Floor Description
Concrete, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air, Natural Gas
Exterior/Building Features
Lot Size
0.95 Acres
Roof
Metal
Other Property Details
Area Name
ABERDEEN TWP
Taxes
$20,047
Tax Frequency
Annually
Days on Market
29
Garage
No
Parking Total
30
View
No
County
MONMOUTH
Water Source
Public
Pool
No
Utilities
Natural Gas Available
Zoning
Highway Commercial
Listed by Warner Real Estate & Auction Company
Listing Contact: 8567694111
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Data last updated on 2/21/2025 at 12:23 AM UTC
