Provident Bank – Long-Term Single Tenant NNN Opportunity in Hudson County
For Sale Bayonne, New Jersey
Provident Bank – Long-Term Single Tenant NNN Opportunity in Hudson County
Overview
Listing ID: 20998
- Cash Flow
- Gross Revenue
- EBITDA
- FF&E
Description
As exclusive agent, Cushman & Wakefield is pleased to offer the opportunity to acquire 569 Broadway Bayonne, New Jersey. This corner location on the Broadway of Bayonne is part of a very vibrant, pedestrian friendly retail and residential neighborhood. The location boasts an extremely dense and loyal population, with a population density of 6,914 persons per square mile, which tends to patronage local businesses. Every retail, grocery and dining option are within walking distance.
Investment Highlights
- Single Tenant Provident Bank Branch offering stable in-place income
- Situated in Hudson County’s Gold Coast
- Dense location with over 1664,000 people within a 3-mile radius
- In-place NOI of $117,473
Address
Open on Google Maps- Address 569 Broadway, Bayonne, NJ 07002, USA
- City Bayonne
- State/county New Jersey
- Zip/Postal Code 07002
- Area Constable Hook
- Country United States
Details
Updated on April 8, 2021 at 9:38 am- Listing ID: 20998
- Price: $2,350,000
- Business Type: Banking and Loans
- Listing Status: For Sale
Additional details
- Property Type : Retail
- Investment Type : Net Lease
- Subtype : NNN
- Lease Type : NNN
- Lease Expiration : 12/31/2027
- Tenancy : Single
- Lot Size : (acres) 0.06
- Rent Bumps : 1.5% annually
- 50% Down Payment: $1,175,000
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Walkscore
What's Nearby?
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