Freestanding For Sale • 4,235 SF
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 % |
Tenant | SF Occupied | Lease End Date |
---|---|---|
Chick-fil-A | 4,235 SF | 5/31/2041 |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
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 |
Airport | Drive | Walk | Distance |
Newark Liberty International | 16 min | - | 12.7 mi |
Laguardia | 29 min | - | 16.8 mi |
John F Kennedy International | 40 min | - | 27.8 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 36 |
Type: | Surface |
Included in Rent: | Yes |