Citizens Bank - 1291 Springfield Avenue, New Providence, NJ
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License: NY
License: NJ 88407134, NJ
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1291 Springfield Ave, New Providence, NJ 07974
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Marketing Description
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Single Tenant Absolute NNN Lease - Effective April 2025, Tenant will pay $272,500/annum NNN
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Credit Tenancy - Citizens Bank, NA is an investment grade tenant with an “A-” rating by S&P Global Ratings, and has over 1,000 locations
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Favorable Placer.AI Data 11.3K customers make a combined 27.1K visits to this Citizens Bank per year. Deposit activity with over $60,000,000 annually
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Exposure | Frontage | Traffic - 300’+ of linear frontage along Springfield Avenue and Passaic Street. Positioned at a four-way signalized intersection
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Desirable Retail Location - Situated directly across from New Providence Center featuring Starbucks, Smashburger, and ACME Markets, UPS
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Strong Local Demographics - Total Households 23K (3 mi.) • Average Household Income $275K (3 mi.) • Daytime Total Population 74.79K (3 mi.)
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Listing Contacts
See All (5)- License: NY
- License: NJ 88407134, NJ
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