45 Broad St Elmer, NJ 08318

This exceptional investment opportunity presents a 1,952 square foot commercial property located at 45 Broad St., Elmer, NJ 08318, in Salem County. Currently leased to a physical therapist with a long-term lease in place, this property offers a strong, stable income stream. The tenant pays a triple net lease of $3,000 per month, covering taxes, landscaping, snow removal, and utilities. The landlord's expenses are limited to water and annual insurance (approximately $3,800). The property boasts a desirable 10% cap rate. Convenient off-street and street parking is available. The roof was recently replaced in 2021, ensuring long-term structural integrity. All existing equipment and furniture are owned by the tenant and are not included in the sale. Direct contact with the tenant is prohibited. This is a rare chance to acquire a well-maintained, income-generating property in a prime commercial location. The asking price is $279,900. Don't miss this opportunity to add a valuable asset to your portfolio.