520 Cedar Ln - Drug Store FOR SALE
Teaneck, NJ 07666 |
$8,700,000 USD
917-526-2982
520 Cedar Ln
Teaneck, NJ 07666
HIGHLIGHTS
- Absolute Triple Net (NNN) Property w/zero Landlord Responsibilities.
- Built in 2016
- Trophy Corner Location in Prominent Bergen County New Jersey (over 950k population)
- Long Term Lease with just over 12 Years Remaining on the Original 75 Year Lease
- Walgreens Boots Alliance has a Presence in More than 25 Countries, Employs more than 440,000 People and has more than 18,750 Stores
- Located on a Hard Corner Intersection on a Main Corridor in Teaneck with over 22,000 VPD Exposure
OVERVIEW
FOR SALE DETAILS
PRICE
$8,700,000 USD
PRICE/SF
$590 USD /SF
CAP RATE
6.43%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Walgreens | New York City MSA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2016
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.64 AC
LAND SF
27,878 SF
ZONING
B1
APN/PARCEL ID
60-00702-0000-00001,60-00702-0000-00002
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
917-526-2982
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
917-526-2982
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
