With a portal you can:
- Save your searches
- Get updates on listings
- Track listings
- Add notes and messages
- Personalize your dashboard
Jackson, NJ 08527
New ListingOverview
Description
Supplements: ... (Read more) The restaurant features approximately 3,760 square feet, seating for 104 guests indoors, and an additional 60+ seats on its outdoor patio. A wood-burning pizza oven adds to the authentic Italian dining experience and provides an appealing feature for both customers and prospective operators. Additional highlights include ample parking with approximately 86 spaces, gas heating, and central air conditioning. One of the most attractive aspects of this opportunity is the favorable long-term lease structure. The current lease commenced July 1, 2024, with a 10-year initial term extending through July 1, 2034. The lease provides for no base-rent increases during the initial 10-year term, along with two additional five-year renewal options. Renewal-period increases are structured at 4% annually on base rent, according to the seller-provided lease information. This offers a prospective buyer valuable occupancy stability and long-term operating potential. Family-owned and operated at this location since 2004, this established restaurant presents an exciting opportunity for a new owner to continue its legacy, build upon its existing customer base, and explore additional growth opportunities through dining, private events, catering, and takeout services. Whether you are an experienced restaurateur looking to expand your portfolio or an entrepreneur seeking an established operation with significant potential, this is an opportunity worth exploring. Business identity and additional details will be provided to qualified prospective purchasers upon request. All financial, operational, and lease information is subject to buyer verification and due diligence.
Listing Details MLS# 22634978
Contract Info
- Property Sub-Type
- Business
- Sale
- Yes
- Lease
- Yes
- List Price/SqFt
- 265.96
- Lease Price
- 10600
- Lease Price Per/SqFt
- 2.82
- New Construction
- No
Location
- County
- Ocean
- Postal City
- Jackson
- State
- NJ
- Zip Code
- 08527
- Area/Section
- Jackson Twnsp
- Complex/Subdivision
- Jackson Twp
- Directions
- I 95 to I 195 to rt 33 to rt 9
General Property Info
- Handicap Access
- Yes
- # Levels
- Yes
- Apx SqFt
- 3760
- Garage
- No
- # Parking Spaces
- 86
- Business Operating
- Yes
- Year Established
- 2004
- Lease Expiration Date
- 2034-07-01
More Information
Property Features
