Former Bank of America Branch
Exciting redevelopment or end user opportunity. Visit bankingcentersforsale.com for more information
Listing Contacts
Active
Asking Price:Unpriced
Deal terms are not currently defined. Request your own specific terms when submitting a non-binding offer.
Address
152 Boulevard & Raymond Street, Hasbrouck Heights, NJ 07604
Show on MapDate Added
Jan 22, 2025
Days on Market
52 days
Time Since Last Update
3 days
Details
Property TypeRetail
SubtypeBank
Investment TypeSale/Leaseback
Tenant CreditCorporate Guarantee
TenancySingle
Brand/TenantBank of America
Remaining Term0 years
Square Footage5,385
OccupancyVacant
Year Built1970
Buildings1
Stories1
ZoningB1 (Central Business District)
Lot Size (acres)0.53
Parking (spaces)30
Ground LeaseYes
OwnershipBank of America
Sale ConditionSale for leaseback
Marketing Description
Exciting redevelopment and or end user opportunity. Property to be purchased via Auction on February 26, 2025. Please visit bankingcentersforsale.com for more information
Open House to tour the property is scheduled for February 12, 2025 from 11:30am-1:30pm
Investment Highlights
- Visit www.BankingCentersForSale.com to view available properties as well as register and receive email notifications about new banking center opportunities
- Property will be purchased through a modified bid process - bid deadline date is February 26, 2025
- Sale is structured as a sale/leaseback, that allows Bank of America to maintain a drive-up ATM for ten years. Also, there is a temporary sale/ leaseback that Includes a lease of the entire property for one year (provides Bank with time to otain permitting and installation of ATM)
- Please read/review PSA exhibits (ATM lease and Temporary Sale/leaseback) for all terms and conditions
- Open House: February 12, 2025- 11:30am-1:30pm
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