299 RteEdison, NJ 08817

This exceptional retail property, located at 299 Route 1 in Edison, New Jersey (08817), presents a compelling investment opportunity. The 2,312 square foot building sits on a 0.073-acre lot and is currently occupied by a single tenant, T-Mobile, under a triple-net (NNN) lease. The asking price is $1,281,993, representing a strong 7.25% capitalization rate. The property boasts convenient access from three roadways, enhancing its visibility and accessibility. The net rent is $92,444.55 annually. The landlord is responsible for roof structure maintenance and building insurance ($2,000 annually), while the tenant covers HVAC, interior components, glass and doors, and common area maintenance (CAM) expenses. This well-located, single-tenant NNN asset offers a stable income stream and significant potential for long-term appreciation. The property's strong tenant and favorable lease terms make it an attractive addition to any investment portfolio. Its prime location in Middlesex County, New Jersey, provides excellent visibility and accessibility for customers. This is a rare opportunity to acquire a high-performing retail property with a proven track record.