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Taco Bell 1120 Somerset St

2,349 SF Retail Building New Brunswick, NJ 08901 £1,725,702 (£735/SF) 3.27% Net Initial Yield

Investment Highlights

  • Fantastic 1031 / Opportunity Zone Investment Opportunity!
  • Full NNN Lease with credit Tenant!
  • 11 years remaining on lease including options

Executive Summary

Fantastic NNN Leased Fee Property Offering!!!
Fully renovated TACO BELL with Drive Thru!

Property Facts

Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,349 SF
Building Class
C
Year Built
1995
Price
£1,725,702
Price Per SF
£735
Net Initial Yield
3.27%
NOI
£56,478
Tenancy
Single
Number of Floors
1
Building FAR
0.06
Land Acres
0.97 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C-6 - Highway Commercial
Parking
26 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
149 ft on Somerset St
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PROPERTY TAXES

Parcel Number 13-00597-01-00009-05 Improvements Assessment £784,410
Land Assessment £196,102 Total Assessment £980,512

PROPERTY TAXES

Parcel Number
13-00597-01-00009-05
Land Assessment
£196,102
Improvements Assessment
£784,410
Total Assessment
£980,512
(732) 220-1700

  • Listing ID: 33206217

  • Date on Market: 17/09/2024

  • Last Updated:

  • Address: 1120 Somerset St, New Brunswick, NJ 08901

The Retail Property at 1120 Somerset St, New Brunswick, NJ 08901 is currently available For Sale. Contact Red Hawk Realty, LLC for more information.

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1120 Somerset St, New Brunswick, NJ for sale Primary Photo- Image 1 of 7
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1120 Somerset St, New Brunswick, NJ for sale Building Photo- Image 2 of 7
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1120 Somerset St, New Brunswick, NJ for sale Building Photo- Image 3 of 7
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1120 Somerset St, New Brunswick, NJ for sale Building Photo- Image 4 of 7
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1120 Somerset St, New Brunswick, NJ for sale Building Photo- Image 6 of 7
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© 2024 CoStar Group

Taco Bell | 1120 Somerset St
(732) 220-1700 x

Taco Bell | 1120 Somerset St

Bruce Carnegie

(732) 220-1700

(732) 220-1700

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