152 Main St
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152 Main St
3,510 SF Retail Building Lincoln Park, NJ 07035 For Sale
INVESTMENT HIGHLIGHTS
- Auction Property
EXECUTIVE SUMMARY
Sale is structured as a sale/leaseback, that allows Bank of America to maintain a drive-up ATM for ten years. Also, there is a temporary sale/leaseback that includes a lease of the entire property for one year (provides Bank with time to otain permitting and installation of ATM)Please read/review PSA exhibits (ATM lease and Temporary Sale/leaseback) for all terms and conditions. Property will be purchased through a modified bid process - bid deadline date is October 24, 2024. Located near retailers such as Walgreens, CVS,Shop Rite, McDonald's, Dunkin, Bubbakoo's, Burritos & Jersey Mike's. Traffic counts of 9,201 ADT along Main St. and 12,908 ADT on Boonton Turnpike.
Open House Showing: Thursaday October 17, 11:30am-1:30pm
Visit www.BankingCentersForSale.com to view available properties as well as register and receive email notifications about new banking center opportunities. Property will be purchased through a modified bid process - bid deadline date is October 24, 2024.
Open House Showing: Thursaday October 17, 11:30am-1:30pm
Visit www.BankingCentersForSale.com to view available properties as well as register and receive email notifications about new banking center opportunities. Property will be purchased through a modified bid process - bid deadline date is October 24, 2024.
PROPERTY FACTS Under Contract
Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
3,510 SF
Building Class
C
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.30 AC
Zoning
LB - drive thru
Parking
36 Spaces (10.26 Spaces per 1,000 SF Leased)
AMENITIES
- Banking
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 16-00039-0000-00003 | Improvements Assessment | $783,000 |
| Land Assessment | $792,000 | Total Assessment | $1,575,000 |
PROPERTY TAXES
Parcel Number
16-00039-0000-00003
Land Assessment
$792,000
Improvements Assessment
$783,000
Total Assessment
$1,575,000
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152 Main St
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