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501 N Wood Ave
Linden, NJ 07036

Metro NYC NNN High Cap Bank Branch for Sale · Retail Property For Sale

Investment Highlights

  • NYC Metro NNN Bank Site For Sale a High Cap

Executive Summary

Northfield Bank has just renewed its lease for an additional 5-years. Property is a freestanding bank with drive-thru and parking, located on a signalized intersection with strong visibility. Located 13 Miles from Manhattan, just north of Linden's central business district.

PROPERTY FACTS

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Bank
Building Size
5,605 SF
Building Class
C
Year Built/Renovated
1973/2010
Price
£2,677,722
Price Per SF
£478
Net Initial Yield
7.36%
NOI
£197,080
Tenancy
Single
Number of Floors
1
Building FAR
0.39
Lot Size
0.33 AC
Zoning
Central Business District
Parking
11 Spaces (1.96 Spaces per 1,000 SF Leased)
Frontage
122 ft on Wood

Amenities

  • Banking

PROPERTY TAXES

Parcel Number 09-00244-0000-00008 Improvements Assessment £406,069
Land Assessment £237,846 Total Assessment £643,915

PROPERTY TAXES

Parcel Number
09-00244-0000-00008
Land Assessment
£237,846
Improvements Assessment
£406,069
Total Assessment
£643,915
 

  • Listing ID: 30850943

  • Date on Market: 02/02/2024

  • Last Updated:

  • Address: 501 N Wood Ave, Linden, NJ 07036

The Retail Property at 501 N Wood Ave, Linden, NJ 07036 is currently available for sale. Contact Schuckman Realty, Inc. for more information.

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