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NNN Northfield Bank

Retail | 7.00% CAP | 5,569 SF

Listing Contacts

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Active

Asking Price: $3,519,000
Address 

501 North Wood Avenue, Linden, NJ 07036

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Date Added
Jan 23, 2025
Days on Market
54 days
Time Since Last Update
54 days

Details

Property TypeRetail
SubtypeBank
Investment TypeNet Lease
Lease TypeAbsolute NNN
Brand/TenantNorthfield Bankcorp Inc.
Lease Expiration02/27/2029
Square Footage5,569
Cap Rate7.00%
Year Built1974
Lot Size (acres)0.33
APN244-8
Lease OptionsNone

Marketing Description

Northfield Bank has just renewed its lease for an additional 5-years.​

Investment Highlights

  • ​Northfield Bank has just renewed its lease for an additional 5-years.
  • ​Property is a freestanding bank with drive-thru and parking, located on a signalized intersection with strong visibility
  • ​Located 13 Miles from Manhattan, just North of Linden's central business district.
  • Video: https://www.youtube.com/watch?v=oHFeaJCU28c&feature=youtu.be

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Due Diligence

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Listing Contacts

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