10 Metro Blvd, Clifton, NJ 07014

ABSOLUTE NNN GROUND LEASE: Absolute NNN Ground Lease with Chase Bank (S&P: A-) & 10% increases every 5 Years throughout the base & option periods featuring a brand new building with a drive-thru ATM. Chase bank will be paying rent no later than February 2026.

DYNAMIC DEMOGRAPHICS: The community surrounding the property is among the most densely populated in the Clifton / Nutley NJ market. Over 600,000 people reside within a 5 mile radius of the site, a strong local base in addition to over 103,000 VPD that pass the site. Additionally, average household incomes within 1-mile are in excess of $165,000.

COMMITTED TENANTS: ON3 has served as the lodestar of developments attracting the "crème dela crème" of corporate users including long term commitments (WALT-24 yrs), from Ralph Lauren, 250,000 sf, Eisai Pharma, 330,000 sf, Hackensack Meridian Health/Seton Hall, 642,000 sf, Modern Meadow, 80,000sf, Quest Diagnostics, 250,000sf. With an additional approved 600,000 square feet of R&D/Office pending development, and more than 1,000 residential units expected to be approved in the near future, ON3 represents the most successful redevelopment in NJ's history.

ON3 DEVELOPMENT: ON3 is the largest redevelopment of an excess corporate campus in New Jersey encompassing 116 acres of the former Hoffmann LaRoche US Headquarters. ON3 was conceived as a true 24-7 "new urbanist, mixed-use campus containing academic, research, business, retail, hospitality and residential components integrated in a pedestrian friendly environment. More than $45 million has been spent on infrastructure, both on-site and off-site, optimizing ingress/egress and campus wide circulation. ON3 includes a central utility plant which generates electricity which along with heat, and chilled water is distributed to the various commercial occupants of the Campus creating a multi-redundant and efficient utility complex insulated from local power outages.

MIXED USE DEVELOPMENT: Subject site is apart of a 116 acre state-of-the-art lab, research, and office campus with a number of current and planned residential and future uses built upon Hoffman La Roche's former Headquarters in Clifton and Nutley. Roche Pharmaceuticals was formerly here for 87 years, they've invested millions paving the way for one of the largest & most successful redevelopment projects in New Jersey. Formerly 99% asphalt, the campus will now feature 20 AC of newly added green space conforming to a resident friendly environment and will bring back nearly 10,000 students, teachers, knowledge workers and residents per day on the Campus.

HIGH BARRIER TO ENTRY MARKET: ON3's vision began in 2016 with the positioning of premier retail tenants alongside Route 3 such as Chase bank & Starbucks, which serve not only the surrounding campus but draw immediate attention from commuters alongside Route 3. This Chase bank is the only Chase bank immediately adjacent to Route 3 from the township of Parsippany all the way through to Manhattan (30+ miles) offering unique positioning within the local & broader market along with a high visibility location featuring a brand new build out designed to draw traffic to the site. The upcoming on campus apartments and high demand biotech & pharmaceutical companies ensure that this location will thrive and benefit from the surrounding on campus activity while still capitalizing on high traffic counts from Route 3.