Bank branch with a 9.5-year lease, New Jersey, USA

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Bank branch with a 9.5-year lease, New Jersey, USA

$1,262,000
$3,767 /m²
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  • Total area
    335 m²
  • Yield
    6.5%
  • Built in 
    2004
Details
Property parameters
  • Land area: 5,420 m²
  • Number of parking lots: 25
  • 2-floor building
Financial performance
  • Annual income: $82,027
Tenants
  • Fully let
  • End of lease: 2029

A branch of a well-known bank with a long-term lease agreement.

Description

Detached two-story building with a total area of 335 m².

There is parking for 25 cars.

Tenants

The tenant is a well-known American bank with 16 branches throughout the country and about 200 employees.

The lease agreement expires in 9.5 years.

Type of agreement: Double Net Lease.

Location and nearby infrastructure

The property is located in the state of New Jersey, Mercer County, in a town with a population of about 3 thousand people. The property is located near the motorway and is well visible from the road. The property is surrounded by residential buildings and is located near the school, restaurant and cafe.

New York City (Manhattan) is about 105 km away.

New Jersey is a state in the Mid-Atlantic region of the Northeastern United States. It is a peninsula, bordered on the north and east by the state of New York. New Jersey is the 11th-most populous state, with 9 million residents, the most densely populated of the 50 U. S. states and third-wealthiest state by median household income. The territory of the state belongs to the urban agglomerations of New York and Philadelphia.

More properties

If this ad doesn't suit you, have a look at the other office buildings for sale in New Jersey.

All ads in the country: office buildings for sale in the USA.

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    Marina Filichkina
    Marina Filichkina,
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