Investment Opportunity at 68 US Highway 46, Mountain Lakes, NJ
Offering a prime investment opportunity on the highly trafficked Route 46 in Mountain Lakes, NJ. This income-generating property features a fully operational car wash with a 30-year NNN (Triple Net) lease, providing long-term stability and hassle-free ownership.
Property Highlights:
Location: Prime position at 68 US Highway 46 in Mountain Lakes, ensuring high visibility and consistent traffic.
Lease Terms: 30-year NNN lease, offering a secure and passive income stream with minimal landlord responsibilities. Lease rates increase to $20,000+ per month over term.
Tenant Commitment: The tenant is actively renovating the entire building while continuing to pay rent, enhancing the property's value without additional costs to the owner. New Equipment valued at $1M+. Corporate tenant.
Building Size: Approximately 5,533 square feet, providing substantial space for current operations and future adaptability.
This property offers an ideal location, a long-term, reliable tenant, and ongoing property improvements—making it a strong addition to any investment portfolio.
For more information or to schedule a private tour, contact us today!