Investment Property Leased to Enterprise in Berlin, NJ
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Financial Details
- Asking Price:
- $599,900
- Cash Flow / SDE:
- $38,938
- Profit Metric:
- NOI
- Valuation Multiple:
- 15.4x
- Location:
- Berlin, NJ, US
- Source:
- Date:
- September 16, 2025
Key Highlights
Prime corner location with high traffic visibility (35,000 cars/day) and a traffic light.
Stable income stream from a national tenant, Enterprise.
Investment opportunity with potential for value appreciation in Berlin, NJ.
Description
This listing presents a spectacular investment opportunity in Berlin, NJ. Situated at the highly visible corner of Route 73 & Taunton Ave, complete with a traffic light, the property benefits from 35,000 cars passing by daily. The 1,700 sq. ft. office building, constructed in 1961, is currently leased to Enterprise, a national tenant, providing a reliable source of income. This asset is poised for significant value appreciation, making it an attractive acquisition for astute investors seeking prime commercial real estate.
Industry Information
- Industry Description:
- Service Businesses
- Classification:
- Service Businesses
Operational Snapshot
- Year Established:
- 1961
Real Estate & Lease
- Status:
- Leased
- Real Estate Price:
- $599,900 USD
Broker Contact
- Name:
- Charles Maimone
- Company:
- Century 21 Reilly Realtors
- Phone:
- 856-335-2244
Listing Details
- Listing ID:
- 21b73dbc-dcc4-41c8-99f0-7fe046bf6efe
- Source Listing ID:
- 2372464
- Deal Status:
- For Sale
- Last Updated:
- September 16, 2025
- Currency:
- USD
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