630 Georges Rd - Bank FOR SALE
North Brunswick, NJ 08902 |
630 Georges Rd
North Brunswick, NJ 08902
HIGHLIGHTS
- Absolute NNN lease with zero landlord responsibilities: Tenant is responsible for all maintenance & repairs, roof, structure, insurance and property t
- 2.5% Annual Rental Escalations: Provide for excellent yield growth and hedge against inflation
- Strong Increasing Deposits: 2022: $98,738,000 up 47% from 2021
- Established Location: PNC Bank has 32+ years of operating history at this location
- Strong demographics with above average household income: ±280,430 people living within five miles with an average household income of $130,574
- Investment-Grade Credit: PNC Bank is an Investment-Grade rated Company with a Standard & Poor’s Credit Rating of “A-”
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
630 Georges Rd
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
3710
STORIES
2
YEAR BUILT
1991
SPRINKLERS
-
PARKING SPACES
16
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
14-00203-0000-00011
