279 Egg Hbr RdWashington Township, NJ 08080

This exceptional investment opportunity presents a fee-simple ownership of an 8,403-square-foot daycare center situated on a 2.38-acre lot at 279 Egg Harbor Rd, Washington Township, NJ 08080. Built in 1986, the property boasts a strong 7.00% cap rate and a substantial net operating income (NOI) of $427,450. The property is currently under a triple-net (NNN) lease with Spring Education, a corporate-guaranteed tenant, ensuring minimal landlord responsibilities. The 20-year lease, resetting upon closing, includes a favorable 3% annual rent increase, providing consistent income growth. The current annual rent is $427,450, with four 5-year renewal options. The asking price is $6,106,429, translating to a price per square foot of $726.70. This investment offers a secure, long-term income stream with built-in appreciation potential. The property's location in Gloucester County, New Jersey, provides excellent access to a thriving community. This is a rare opportunity to acquire a high-performing, passively managed commercial property with a strong tenant and significant upside potential. The lease structure minimizes landlord responsibilities, making this an ideal investment for passive income seekers. The corporate guarantee from Spring Education further mitigates risk.