Building is leased to the County of Ocean and used as a courthouse. This asset features an absolute net lease structure, providing investors with steady, predictable income. Situated in the Ocean County Courthouse complex and key municipal offices, this property benefits from a prime, institutional-grade location. Ideal for investors seeking dependable returns with a low-risk profile.
Why Invest
Government Tenant Stability – County of Ocean is one of the largest and most financially secure employers in the region.
Absolute Net Lease – Tenant is responsible for taxes, assessments, utilities, and repairs (structural included), ensuring minimal landlord obligations.
Predictable Rent Growth – Annual rent escalations are built into the lease through 2025, with higher rents locked in for extension periods through 2029.
Prime Location – Steps from the Ocean County Courthouse and administrative offices, anchoring the tenant’s need to remain in this location.
Attractive Yield – Opportunity to acquire at a cap rate range of 6.0%–7.0%, providing steady income and long-term government tenancy security.
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206 Courthouse Ln
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