Property Listing No Longer Available for Sale

244 North Main Street, Forked River, NJ

Retail for Sale - $15,400,000 - 133,000 Sq. Ft. on 0.02 acres


Property Info

CIMLS#94810
Location
  244 North Main Street
  Forked River NJ
UpdatedSeptember 2nd, 2009
TypeRetail
Price$15,400,000
Building133,000 Sq. Ft.
Land0.02 acres

Property Description

The subject is located in Lacey Township, New Jersey, a coastal resort community in Central New Jersey, better known by many locals as the


Financials

The subject offering consists of a ground lease to The Home Depot U.S.A, Inc. The Home Depot has executed a triple net ground lease for a term of 30 years with structured rent increases in its four option periods of five years each. The rent commenced October 18, 2008. The building