Miscellaneous
Ocean Beach Marine Centers Sale/Leaseback
3245 NJ-35, Lavallette, NJ 08735
Listing Price: $10,714,000
Cap Rate
7.00%
Tenant Name
Ocean Bay Marine Centers
Years Remaining On Lease
9.6
Guarantor
Personal Guarantee
Rentable SF
5,000
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$150.00
Investment Overview
Marcus & Millichap is pleased to exclusively present 3245 NJ-35, Lavallette, Ocean County, New Jersey.
Ocean Beach Marine Centers Sale/Leaseback
Investment Highlights
- New Ten-Year Absolute Net Lease – No Landlord Responsibilities
- Ocean Beach Marine Centers (OBMC) has Two Locations Along the Barnegat Bay (Lavallette and Lanoka Harbor)
- Lavallette is a Full-Service Marina with 263 Total Slips, Repair Shop, Sea-Towing, and Restaurant
Exclusively Listed By
Listing Price: $10,714,000
Cap Rate
7.00%
Tenant Name
Ocean Bay Marine Centers
Years Remaining On Lease
9.6
Guarantor
Personal Guarantee
Rentable SF
5,000
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$150.00
Investment Highlights
- New Ten-Year Absolute Net Lease – No Landlord Responsibilities
- Ocean Beach Marine Centers (OBMC) has Two Locations Along the Barnegat Bay (Lavallette and Lanoka Harbor)
- Lavallette is a Full-Service Marina with 263 Total Slips, Repair Shop, Sea-Towing, and Restaurant
Investment Overview
Marcus & Millichap is pleased to exclusively present 3245 NJ-35, Lavallette, Ocean County, New Jersey.
Exclusively Listed By
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