120 Chestnut St | Roselle, NJ 07203
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- LoopNet Team
120 Chestnut St
Roselle, NJ 07203
Walgreens Abs NNN Lease New York-Newark MSA · Retail Property For Sale
Investment Highlights
- STABLE INCOME - Income guaranteed by Walgreens Corporation (S&P BBB-) investment grade Fortune 500 Company with over 9,200 locations.
- INFILL NEW YORK MSA LOCATION – Just 20 miles SW of Manhattan in infill New Jersey suburb with over 513,000 residents in a 5-mile radius.
- OVER 82,000 HOUSEHOLDS IN A 3 MILE RADIUS - Surrounded by residential neighborhoods with ±82,000 households in a 3-mile radius.
- ABSOLUTE NNN LEASE - Absolute net lease basis with no landlord responsibilities whatsoever. With over 7 years remaining and 10 (5-year) options.
- WALGREENS REPORTING SOLID SALES - Walgreens is reporting solid sales at this location for the previous 3 years and is open until midnight.
- AFFLUENT DEMOS - Average household income of $90,779 in a 1-mile radius, $93,763 in a 3-mile radius and $97,327 in a 5-mile radius
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
12,875 SF
Building Class
B
Year Built
2002
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.44 AC
Zoning
CB, Roselle Boro
Parking
57 Spaces (4.43 Spaces per 1,000 SF Leased)
Frontage
172 FT on E 1st St
Amenities
- Drive Thru
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