Listing ID : 884255
Listed On February 20, 2025 75
Listing Updated February 25, 2025
Mount Holly, NJ
PROPERTY SIZE: 10,887 sq f building (half currently used for retail and the other half for manufacturing)
CURRENT LEASE and Option to buy: Started at $7,500 NNN with a 4% annual increase and a lease-to-own option. Property asking price $600k.
Financials: top line, $1.4 M in 2024.
DISTINGUISHING FEATURES:
- Approximately 43,000 cars pass each day (~30 per minute).
- Benefits from high visibility with frontage on the busiest street in the downtown Mount Holly B1 district.
- It is in front of a traffic stop and across from a convenience store and Rita’s Water Ice.
- There is handicap-accessible and ample parking along the building and behind it (~22 spaces), plus a large free township parking lot (100+ spaces) behind us.
- Meticulously designed modern interior with all new construction, utilities, appliances, and furnishings installed in 2023.
- The elegant retail space can easily accommodate large events with its high ceilings and giant showroom.
- Perfect location for a drive-thru and an event space/consumption lounge (limited construction required), a feature that none of our nearby competitors can provide due to space limitations.
- Next-door lot can be purchased/leveled to further increase parking and better facilitate a drive thru.
- Exclusivity with an ever-growing number of suppliers.
- Comes with an excellent manufacturer that will be co-leasing our back space in exchange for rent and significant discounts on our own line of white-labeled pre-rolls, vape cartridges, and edibles. Owner
Information on manufacturing owner: B.A. – Harvard University, MBA – UPenn, Wharton School of Business. Owns multiple cannabis companies with a presence in ME, MA, and more.
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