List Search

7416 Tonnelle Ave
North Bergen, NJ 07047

$5,512,500 USD

Freestanding For Sale  •  4,235 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 4,235 SF
  • Lot Size 1 AC
  • Building Class C
  • Year Built 2021
  • Cap Rate 4.00 %
  • Tenancy Single
  • Zoning C-2
0 Transit Score
71 Walk Score

Highlights

16+ Year NNN Ground Lease Featuring a 12.50% Rental Increase in 2031 and 10% Increase Every 5-Years Thereafter throughout the Initial Term & Options.
Chick-fil-A named the #1 Fast-Food Restaurant in America with Annual Sales of Nearly $19 Billion and Average Sales Per Unit of $8.5 Million.
Extremely Dense & Affluent Area w/ over 1.66M People Residing w/in a 5-Mile Radius - Average Household Income of $134k+ within a 3-Mile Radius.
Positioned Along Area’s Major Retail & Traffic Corridor: Features Easy Access & Excellent Visibility to Daily Traffic Counts Exceeding 35k Vehicles.
In Close Proximity to MetLife Stadium - Home of the New York Giants and the New York Jets.
Located in one of the World’s Most Competitive and Highly Sought after Metros - The Site is in a Dense, Mixed-use, In-fill location.
Cap Rate: 4.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Chick-fil-A 4,235 SF 5/31/2041

Public Transportation

Commuter RailDriveWalkDistance
Ny Moynihan Train Hall At Penn Station (Crescent - Amtrak, Ethan Allen Express - Amtrak, Keystone Service - Amtrak, Lake Shore Limited - Amtrak, Northeast Regional - Amtrak) 16 min - 6.4 mi
Meadowlands Sports Complex Station (BetMGM Meadowlands Rail Line - NJ TRANSIT RAIL) 10 min - 6.7 mi
AirportDriveWalkDistance
Newark Liberty International 16 min - 12.7 mi
Laguardia 29 min - 16.8 mi
John F Kennedy International 40 min - 27.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 36
Type: Surface
Included in Rent: Yes
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap