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Rite Aid 219 Essex St

12,500 SF Retail Building Hackensack, NJ 07601 £9,073,500 (£726/SF)

Investment Highlights

  • The property is located in opportunity zone
  • A NNN single tenant/ Rite Aid / Lease end at end of 2024
  • Located near by Hackensack University Medical Center
  • Located at the Hard Corner with Traffic Light!!

Executive Summary

Exceptional investment opportunity in the heart of Hackensack, New Jersey: 219 Essex Street. This property, currently housing a Rite Aid retail store( lease ending at the end of the year 2024), offers a prim location in a bustling area with significant traffic and strategic positioning near Hackensack University Medical Center. situated on a spacious lot of 1.38acres, the property boasts a substantial building sizer of 12,500 sf and features a convenient drive-thru, making it highly accessible to customers. For the investor/developer it will be optimum use for the medical building or residential with approval.

Property Facts Under Contract

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Drug Store
Building Size
12,500 SF
Building Class
B
Year Built
1999
Price
£9,073,500
Price Per SF
£726
Tenancy
Single
Number of Floors
1
Building FAR
0.21
Land Acres
1.38 AC
Opportunity Zone
Yes
Zoning
N/Av
Parking
75 Spaces (6 Spaces per 1,000 SF Leased)
Frontage
230 ft on Essex St

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Rite Aid Corporation is on the front lines of delivering health care services and retail products to over one million Americans daily. Their pharmacists are uniquely positioned to engage with customers and improve their health outcomes. Rite Aid Corporation provides an array of whole being health products and services for the entire family through their retail pharmacy locations across the United States.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Retailer 99,999 SF $9.99 Lorem Ipsum Jan 0000
Walk Score ®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

ConnectOne Bank
Giovannis Pizza
OceanFirst Bank
Bank of America
Starbucks
Planet Fitness
Valley National Bank
The Bad Ass Coffee Co.
Blimpie America's Sub Shop
PNC Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
23-00100-01-00006-01
Land Assessment
£1,091,187
Improvements Assessment
£3,248,313
Total Assessment
£4,339,500
  • Listing ID: 31355940

  • Date on Market: 28/03/2024

  • Last Updated:

  • Address: 219 Essex St, Hackensack, NJ 07601

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