1858 Burlington-Mount Holly RdWestampton, NJ 08060

Property Details for 1858 Burlington-Mount Holly Rd

Property size (Sq ft)

2,568 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional investment opportunity presents a thriving Dickey's Barbecue Pit restaurant in Mount Holly, New Jersey. Located at 1858 Burlington-Mount Holly Rd, Westampton, NJ 08060, this 2,568 square foot restaurant boasts a strong, corporate-backed, triple-net (NNN) lease with 14.6 years remaining. The lease commenced April 2nd, 2024, and expires June 15th, 2039, offering significant long-term stability. The asking price is $99,999, translating to $38.94 per square foot. Rental escalations are built into the lease, increasing by 8% every five years, ensuring consistent income growth. The property benefits from a high-traffic location, experiencing 23,396 vehicles per day (VPD). The building underwent renovations in 2023 as part of the Dickey's fit-out, ensuring modern and appealing facilities. This turnkey operation offers a proven business model within a well-established franchise system, providing a compelling investment opportunity with substantial long-term potential. The restaurant's success is further supported by positive customer reviews and a loyal customer base, enhanced by Dickey's loyalty program. This is a sale of the business only

Location Insight

City

Westampton

County

Burlington

State

New Jersey

Latitude

40.0106

Longitude

-74.7998

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