275 Livingston St - Fast Food FOR SALE
Northvale, NJ 07647 |
275 Livingston St
Northvale, NJ 07647
HIGHLIGHTS
- Boston Market has occupied this location for over 27 years and recently extended their lease again for another 5 years
- The annual rent of $57,974 is well below market and offers a unique value-add opportunity in the future
- This Boston Market has a drive thru which has been an integral part of any tenant’s success throughout the recent COVID-19 pandemic
- Northvale is located in Bergen County, New Jersey, one of the wealthiest counties in the United States and part of the NYC MSA
- The property boasts an absolute-net lease which means there are no property related landlord expenses or responsibilities
- The lease is corporately guaranteed by Boston Market Corporation, whose parent company Engage Brands LLC is an experienced operator of fast casual/QSR
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Boston Market
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
4050
STORIES
1
YEAR BUILT
1995
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
40-00207-0000-00002
