810 Springfield Ave | Irvington, NJ 07111
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
810 Springfield Ave
Irvington, NJ 07111
Walgreens | NNN Ground Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Features a rare long-term Walgreens ground lease with 10% rental increases in the base term coupled with a New York City MSA location
- Strong Fundamentals: Walgreens ground lease structure, replaceable rent, hard corner location, signaled intersection, and drive-thru
- Corporately guaranteed by Walgreens Co., part of the Walgreens Boots Alliance (WBA), which has an investment grade “BBB” rating by Standard and Poor’s
- Irvington is located just 3 miles from Newark and 15 miles from Manhattan, within the dense NY-NJ-PA MSA - more than 428,000 residents within 3 mi
- The Property features a drive-thru, a key part of tenant success throughout COVID-19 and of increased importance for many tenants moving forward
- Just 1 mile from on-ramps to both the Garden State Parkway (235,003 VPD) and I-78 (172,282 VPD), providing access throughout NJ and the New York Metro
PROPERTY FACTS
Property Type
Retail
Property Subtype
Property Size
12,300 sq ft
Costar Property Class
C
Year Built
2017
Tenancy
Single
Number of Floors
1
Plot ratio
0.35
Total Plot Size
0.82 ac
Parking
50 Spaces (4.07 Spaces per 1,000 sq ft Leased)
AMENITIES
- Freeway Visibility
PROPERTY TAXES
| Parcel Number | 09-00135-0000-00031-01 | Improvements Assessment | £4,613,204 |
| Land Assessment | £868,672 | Total Assessment | £5,481,876 |
PROPERTY TAXES
Parcel Number
09-00135-0000-00031-01
Land Assessment
£868,672
Improvements Assessment
£4,613,204
Total Assessment
£5,481,876
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
