POPEYES AND INFINIHEALTH MEDICAL GROUP | 341-345 Essex St
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POPEYES AND INFINIHEALTH MEDICAL GROUP 341-345 Essex St
4,000 SF 100% Leased Retail Building Hackensack, NJ 07601 $3,608,891 ($902/SF) 5.50% Cap Rate
Investment Highlights
- Healthy Sales: Popeyes produced a 7% rent-to-sales ratio in 2023 with sales estimated to increase this year.
- NNN Property: Tenants pay their share of CAM, Taxes, and Insurance.
- Strategically Located: Located on a hard signalized corner.
Executive Summary
Broker of Record
Patrick Forde
License No. 2330333 (NJ)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
52 Park Avenue,
Suite B5, Park Ridge NJ 07656
Patrick Forde
License No. 2330333 (NJ)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
52 Park Avenue,
Suite B5, Park Ridge NJ 07656
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,000 SF
Building Class
B
Year Built
1986
Price
$3,608,891
Price Per SF
$902
Cap Rate
5.50%
NOI
$198,489
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
B-1
Parking
6.5 Spaces per 1,000 SF Leased
Walk Score ®
Very Walkable (75)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 23-00128-0000-00037 | Improvements Assessment | $125,000 |
Land Assessment | $975,000 | Total Assessment | $1,100,000 |
PROPERTY TAXES
Parcel Number
23-00128-0000-00037
Land Assessment
$975,000
Improvements Assessment
$125,000
Total Assessment
$1,100,000
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POPEYES AND INFINIHEALTH MEDICAL GROUP | 341-345 Essex St
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