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10 W MAIN ST, Moorestown, New Jersey

$1,490,000Contract Pending

10 W MAIN ST, Moorestown, New Jersey 08057
Long & Foster - Medford - MLS® ID: 1001207999

Property Details

10 W MAIN ST, Moorestown, New Jersey 08057 - Great opportunity to purchase a fully leased property on Main St in Moorestown. There is currently 3+ years left on the current lease along with 2 additional options to extend for 5 years and the current business has no intention to terminate the lease. The potential investment is a 13+ year lease with a positive cash flow. The other upside is the high probability that this property will continue to gain value at a high rate over the life of the lease. This is a 3-story converted home in very good condition inside and out. Note: the numbers above are based on a triple net lease.

Amenities

  • Zip08057
  • CountyBurlington
  • StatusActive
  • Purchase TypeContract Pending
  • Property typeCommercial
  • School districtMOORESTOWN TOWNSHIP PUBLIC SCHOOLS
  • Year built1925
  • Lot size0.28
  • SewerPublic Sewer
  • Parking11 to 25 Car Garage
  • Tax amount$10,881.00
  • Tax year2016
  • Office IDLF-MDFRD
  • Agent IDBGAREAJA
  • Agent nameJason Gareau
  • MLS® ID1001207999

Broker: Long & Foster - Medford

Listing Courtesy of Long & Foster - Medford

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