Southern New Jersey and Surrounding Areas

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285 White Horse Pike
Lindenwold, NJ 08021
MLS# NJCD415416 ID: 69452115
Property Description
Commercial - LINDENWOLD, NJ Unique investment opportunity and Just Reduced! ""11 1/2%+ NNN Lease ""Building with lease in place until 2024, Successful daycare facility is present tenant. Licensed for up to 42 children, 2.5-13 years old, including handicap access. Complete building renovation in 2012, Meticulously maintained, Sprinklered basement, Paved private parking with turnaround with handicapped spaces, Present tenant pays $30,000 year NNN, Tenant responsible for everything including all insurances, 11 1/2% return on investment, Located at a traffic lighted intersection with great highway exposure, Huge expanded fenced play area, Finished basement, 1 car attached garage, Sit back and collect rent with no headaches or expenses, Tenant responsible for first $10,000 in repairs, Over half acre on White Horse Pike. This is the Deal of the Century!! Call for any questions. Owner may consider holding a second mortgage to qualified buyer.
Property Features
Days On Market 740 days
Last Updated March 27, 2023
Market Status Available
Property Type Commercial
Year Built 1950
Approx. Lot Size .46 Acres
Building Features
Heating System Forced Air
Central Air
Exterior Features
Parking Fenced; Paved or Surfaced; Special Needs; 10 spaces
Taxes 4976
Listing Features
Property Type Commercial;
Offered By:
Charles Maimone
CENTURY 21 Reilly Realtors - Berlin

Data Provided by Bright MLS