Overview
- Price:
- $ 12,430,000 20
- CAP Rate:
- 5.35%
- Years Guaranteed:
- 20
- NOI:
- $629,000
Investment Highlights
BAYONNE, NEW JERSEY WALGREENS
- Dense urban infill with 32,000 people in 1 mile
- Brand new construction with 20 year NNN lease
- Just across the Hudson River from lower Manhattan
- True hard corner at high traffic, signalized intersection
- Preferred five-year option structure
- Walgreens corporate guarantee (NYSE:WAG)
- Investment grade credit
- True NNN lease with zero management responsibilities
Address: 1080 Broadway
City: Bayonne
State/County: New Jersey
Zip: 07002
Country: United States
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