Landes Fairmount Properties is pleased to exclusively offer the opportunity to acquire the fee simple CVS (BBB+) property located in Seaside Heights, NJ. The lease is 100% guaranteed by CVS Caremark Corporation. The subject property opened in February 2006, when CVS began paying rent. CVS operates under bonded twenty-five (25) year lease with approximately fifteen (15) years remaining on the initial lease term. The lease offers ten (10) extension periods, at five (5) years. CVS Caremark Corporation also corporately guarantees the extension periods.
Ortley Beach- Office condo one block from beach. Great investment opportunity for this practically new office condo located in the General Business Zone. Some of the many uses are office, retail, restaurant, (see attached for full list) Owners spared no expense ceramic tile, glass block partition wall, glass walled conference room with tray ceiling and built in cabinetry. A great location for a hair/ nail salon in this busy Jersey Shore community.