34 Holly Ave Pitman, NJ 08071

This exceptional investment opportunity presents a 4,000 square foot Sherwin-Williams storefront in Pitman, New Jersey, boasting a new 10-year net lease (expiring 10/15/2034) with a highly-rated tenant. The property, located at 34 E Holly Ave, 08071, underwent a complete renovation in 2024, including a new roof, HVAC system, utilities, flooring, ceiling, and fascia. This single-story building sits on commercially zoned land and includes nine parking spaces. The property's strong financial performance is reflected in its 5.71% cap rate and $100,000 annual net operating income (NOI). The asking price is $1,750,000, translating to $437.50 per square foot. The tenant, Sherwin-Williams, has a long operational history at this location, dating back to 1963, ensuring a stable and reliable income stream. This is a turnkey investment opportunity with a secure, long-term lease and a recently renovated property. The 100% occupancy began October 14, 2024. This is an ideal addition to any portfolio seeking strong returns and minimal management responsibilities.