801-827 Newark Ave, Elizabeth, NJ 07208

Asking: $ 26,311,764

Description

  • Absolute NNN Lease – Zero Landlord Obligations – All Expenses, Maintenance and Management are Tenant Responsibilities
  • Extended Store Hours 7 Days Per Week – 6 AM to Midnight – Busy Site
  • In Store Pharmacy Open 12 Hours Per Day 7 Days Per Week
  • Very High Volume Sales Store – Please Contact Agent for Further Details
  • 54K SF (39K Sales Floor) “Essential Retail” Grocery Store – 20+ YR Operating History at the Location – The Location was Thriving During COVID-19
  • Equipped with In Store PNC Banking Center Operating 6 Days Per Week
  • Rare Infill Elizabeth Location – Densely Populated Demographics with 250K People in a 3 Mile Radius and Strong Population Growth
  • 4, 5 Year Options to Renew with Rental Increases in Each Option – Tenant Must Give Notice 18 Months in Advance to Exercise
  • Located in the New York City MSA – 15 Mile from Manhattan – High Barrier to Entry Market with Densely  populated Demographics
  • Site Features High Visibility and Easy Access on Newark and North Ave.’s and within Seconds of Exit 13-A of the NJ Turnpike – Very Strong Traffic Counts

Leave a Comment

Your email address will not be published.