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Bayonne, New Jersey

$ 12,430,000 20

5.35% CAP

1080 Broadway,
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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:
State/County:
Zip: 07002
Country: United States
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John Giordani