Opportunity Zone
DARK CHASE BANK OFFERING
Dark Chase Bank | 14.12% CAP | 3,991 SF
Listing Contacts
See All (3)
License: TN 362005, CA 2067187
License: 719917
Active
Address
5 E Railroad Ave, Jamesburg, NJ 08831
Show on MapDate Added
Jan 6, 2025
Days on Market
68 days
Time Since Last Update
61 days
Details
Property TypeRetail
SubtypeBank
Remaining Term1 year
Square Footage3,991
Price/Sq Ft$376
Cap Rate14.12%
NOI$211,750
Buildings1
Stories1
ZoningCBD
Lot Size (acres)1.55
Investment Highlights
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Dark Chase Bank Lease – Chase Bank is operating on a dark lease through December 31, 2025. The rental obligations owed a total of $211,750.
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Large Lot Size – Subject Property is situated on two parcels of land totaling 1.55 AC.
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Drive-Thru Capability – Chase Bank has four (4), drive-thru lanes.
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Strong Demographics – Average household income within a one-mile radius is $130,784.
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Redevelopment/Owner-User Opportunity – Zoned Central Business District (CBD), taxes are $20,348.00 annually.
Valuation Calculator
Valuation Calculator
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$211,750.00
$17,645.83/mo
Valuation Metrics
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0
DSCR
14.12%
Cap Rate
14.12%
ROI
Due Diligence
Listing Contacts
See All (3)- License: TN 362005, CA 2067187
- License: 719917
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Broker Information
Broker Name
Patrick Forde
Broker License
2330333 (NJ)
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